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Is COHU building bullish momentum? Crossed Above 20 Day Moving Average shows up after rallying 6.63%
On Tuesday, August 11th, COHU moved up 6.63% while volume shrunk to 0.0× the usual levels. Crossed Above 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 50.83, 48.9 & 47.85, with resistance at 53.81, 54.86 & 56.79.
Current SwingTradeBot Technical Rating of COHU: B
There’s more where that came from. See all of today’s signals for COHU here.
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