Technical Overview
Current Price: $378.28 (24h High: $391.50 | 24h Low: $346.32)
Price Action: Massive parabolic expansion from the $311.22 support base following a strong surge in underlying US stock market performance (COHR).
Candlestick Pattern: The latest daily candle shows a rejection shadow near the local resistance zone ($391–$395), followed by minor profit-taking back down toward $378.
Volume: Spike in buyer volume confirming strong momentum, but short-term exhaustion is setting in near $390.
Order Book Sentiment: Strong immediate selling wall / ask dominance (~95% Ask side), pointing to short-term pullbacks/consolidation before further upside.
Realistic Price Predictions
Short-Term (1–3 Days)
Bearish / Cool-off Target: Retest of key support at $355.00 – $360.00.
Bullish Rebound Target: Re-test of local high at $391.50, leading to a psychological target of $400.00.
Mid-Term (1–3 Weeks)
Bull Target: $420.00 – $435.00 (aligns with major analyst upper targets for underlying$COHR stock).
Base Support / Invalidation: $325.00 – $330.00 (closing below this level breaks the bullish trend structure).
$COHRB
#USJulyJobsUnexpectedlyFall #USSolarStocksRisePremarket #SKHynixToInvest19.1TWonInM17Plant #TSEPlansReReviewForMajorBusinessChanges #DollarSetForBestDayInTwoWeeks
Current Price: $378.28 (24h High: $391.50 | 24h Low: $346.32)
Price Action: Massive parabolic expansion from the $311.22 support base following a strong surge in underlying US stock market performance (COHR).
Candlestick Pattern: The latest daily candle shows a rejection shadow near the local resistance zone ($391–$395), followed by minor profit-taking back down toward $378.
Volume: Spike in buyer volume confirming strong momentum, but short-term exhaustion is setting in near $390.
Order Book Sentiment: Strong immediate selling wall / ask dominance (~95% Ask side), pointing to short-term pullbacks/consolidation before further upside.
Realistic Price Predictions
Short-Term (1–3 Days)
Bearish / Cool-off Target: Retest of key support at $355.00 – $360.00.
Bullish Rebound Target: Re-test of local high at $391.50, leading to a psychological target of $400.00.
Mid-Term (1–3 Weeks)
Bull Target: $420.00 – $435.00 (aligns with major analyst upper targets for underlying$COHR stock).
Base Support / Invalidation: $325.00 – $330.00 (closing below this level breaks the bullish trend structure).
$COHRB
#USJulyJobsUnexpectedlyFall #USSolarStocksRisePremarket #SKHynixToInvest19.1TWonInM17Plant #TSEPlansReReviewForMajorBusinessChanges #DollarSetForBestDayInTwoWeeks