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Is COHU positioned for a breakout? New 52 Week Closing High shows up after rallying 8.5%
COHU posted a 8.5% gain on Tuesday, June 30th, accompanied by 0.9× normal trading volume. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Stochastic Reached Overbought — suggesting potential strength ahead. Key support levels exist at 69.92, 65.93 & 63.59, with resistance at 76.25, 78.59 & 82.58. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of COHU: A
Traders are watching COHU for a reason. See the full signal list.
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