COHR Over-punished; buying the dip

Pretty basic approach here, less clear than my usual bullish/bearish wedge patterns.

COHR is a profitable company with a good track record. Missed earnings last quarter, got punished hard. Coincided around the same time the overall market was in a downturn. Price dipped more than two standard deviations below the 100 day moving average. I don't think the bearishness is justified, so I caught the knife.

There appears to be some consolidation happening at the current price level. There's potential for a reversal of this drop, but I don't see any indication either way. I trust that the company is a good one, and hope that the market will reflect that in the future.
Dagangan aktif: There's a bearish wedge in the short term chart; might be a buying opportunity coming up.
Dagangan aktif: Oops, pretty sure that's an ascending triangle continuation pattern. Lost out on 1% trying to catch another knife, long again.
Dagangan aktif: Dipping hard on lowish volume following news of selling from investment firms. Not out yet, watching the price action.
Dagangan ditutup secara manual
Oh, sorry, I was talking about a few weeks later than you analyzed above.
I think it was a descending triangle, alas, I only noticed well after the fact. But I hate COHR, every time I buy in it tanks, like almost automatically. And it seems to be headed south again after a short rally, but maybe not. I get such good reviews on it, and the company looks so solid, but its stock is I think better avoided.
Look at that, I manually closed out my trade and it jumps just after. Good lesson to stick with your plans :)
Company is stellar, just a volatile stock to own. Accumulating at this price point as well, thanks!
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Sembang Daftar Keluar