Tuesday, February 2, 2010

Breakout Stock: Coherent Inc. (COHR)

Hi everybody, I think this company's chart pattern was good. Coherent Inc broke out its resistance at around $30.07 and we can see that there was a huge buy volume 2 days ago. The MACD also indicates a buy signal, so probably the stock will continue it's move to $32.50 or higher.

Have a nice day :)


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