TaPlot

COHU Forming a Well Defined #CupandHandle #ChartPattern

Long
NASDAQ:COHU   Cohu, Inc.
Clear horizontal resistance on this cup and handle pattern against COHU . A decisive breakout opens the door to test early year's high around $26. Breaking the pattern resistance also breaks the 200 day MA to the upside, adding to the validity of the breakout.

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