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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.88-3.6%5:20 PM ESTNews

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To: John P who wrote (6483)12/22/2017 10:36:24 AM
From: robert b furman1 Recommendation

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John P

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Chart Update:

Looks like we need to finish the zag of a zig zag flat 5-3-5 ABC corrective wave.

Look for 5 waves for this to finish the C wave down - next week we'll still get some end of year tax selling and maybe more time into January ?

The 5 of the C can truncate.

screencast.com

This looks good for a "BUY THE DIP" opportunity.

I'd be remiss if I didn't point out Cohu has had an extended run up here so if you add maybe no more than 10% OF WHAT YOU ALREADY HAVE
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