陈桂林|Aug 10, 2026 13:51
Just posted that pre-market thread, and LITE and COHR have already dropped quite a bit.
Check out the quoted post for technical analysis on these two stocks, now let’s continue:
If the rectangle support/resistance flip level drawn in the quoted post holds, it means the previous breakout was a valid one.
On the other hand, if it doesn’t hold, then it’s time to observe cautiously.
Personally, I think this kind of strong breakout is likely to hold, so this level is a high risk-reward, low stop-loss spot to go long.
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