Cohu, Inc.Long
Going long COHU on Wednesday.
COHU is printing a bullish candle over candle price bar on above average volume, near its 50 DMA, with my momentum/trending oscillators confirming the price move. I am going long COHU on Wednesday using a limit order (GTC-BUY-LMT) @ 25.43. I will have two trailing sell stops (GTC-SELL-STP) @ 23.73 and 22.71 to protect my initial invested capital in case COHU does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from Feb. '17 - Oct. '17.
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