isosphere
Long

Bull Wedge on COHR into earnings

NASDAQ:COHR   COHERENT INC
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The high-low gap on each bar is narrowing as we approach the end of the wedge and the announcement of earnings . Stock continues to get hammered. I think there's a decent chance of a small bump to the upside here, but I'd grab a profit pretty early after the bump (~2 weeks).
Trade closed manually: Their earnings didn't do so well, so I've closed my position. Let's see if I regret it!
I'll never touch COHR again! Luckily I decided that before most of the fall.
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isosphere iGoddard
@iGoddard, look at it run! Hard to see after stepping out early. Still pretty bearish long-term, but these short term boosts are a wild ride.
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Gasmachine isosphere
@isosphere, well good call about prior to Earnings... maybe we can catch it again when it dips. I loss a lot when it dropped almost 50%
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