Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for the company's products in package, wafer level, and...
AEHR got hammered and down 70% from 50's. Noticed small uptick in volume and up 10% today. It's sitting on a huge volume shelf here, added a starter position around 16's. Trading small for now as this is a counter trend trade, we'll see heavy resistance as we move up. Long - 16-17's Stop loss - 14 Target #1 - 22 (30%) Target #2 - 24 (40%) - Huge volume...
I've been tracking Aehr Test Systems, with the EV boom cooling off a bit in 2024, Aehr's facing a couple of headwinds, especially their heavy betting on ON Semiconductor for a massive chunk of their sales. Still, they're not just sitting around; they're actively broadening their customer list and staying vital in the EV manufacturing world. They're bracing for a...
A nice cup and handle pattern. Zoom in to daily/ h4 to locate the appropriate entry
Using PoC, trendlines and the developing H&S pattern on the daily to set up a swing trade position. Taking advantage of the overreaction to the positive earnings on Jan 10th.
If you haven`t sold the Double top on AEHR: Then analyzing the options chain and the chart patterns of AEHR Test Systems prior to the earnings report this week, I would consider purchasing the 22.50usd strike price at the money Calls with an expiration date of 2024-6-21, for a premium of approximately $5.30. If these options prove to be profitable prior to the...
If you haven`t bought AEHR here: Then analyzing the options chain and the chart patterns of AEHR Aehr Test Systems prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $4.00. If these options prove to be profitable prior to the earnings release, I...
NASDAQ:AEHR Price Range & Movement: The stock seems to be trading between a price range of approximately $29.50 and $36.50 over the displayed time period. There's a downtrend observed at the left side of the chart, but it appears that the price has since started consolidating in a narrower range. Key Levels: Bullish Line: At $33.50, it represents a potential...
looks like a liquididty hunt below previous support, lets see if it can resume the old run , keep sls in check
Growth semiconductor company Aehr Test Systems seems like it may be able to at least get an oversold bounce here so we'll follow and find out
A bullish hammer appeared today after a significant correction. Waiting confirmation of a turnaround. First price target is ~50, where it could hit with resistance as it re-tests the high. My next PT is 65, as this turnaround could be the push needed to complete a bullish pennant pattern. I'm hopeful to see $70 by the year end as they continue to roll out new...
Has been a great runner. Could Be bull flag breakout occurring here at 40$ level. This thing got more room to run if it can contiue
Quite extended here, won't chase this at this point, needs a pullback to resume higher. Great rev growth.
Price has broken out of this large channel range this is well shown with the top line showing the breakout (red arrow) I expect the run to keep going for a bit which I have shown with the channel and bars pattern The Gaussian Channel indicator is just there for the bull emphasis
This is probably my most favourite stock on the NDQ. Now, it appears almost too good to believe, but we might actually be looking at a break of cup and handle on the weekly timeframe. The RSI is super overbought at the moment, so I expect a re-test of the breakout area, or at least a small pullback, but more or less we are ON! I'm looking at a first target of...
Moving thru the $37 pivot on a big surge in volume. Indexes have pulled back the past few days so we're not buying into an over-extended market anymore.
The strong seems to be very strong and is outperforming the market. Long the 35 call expiring on March 17 2023 at $3.60
$AEHR with first test of its 50 MA line post weekly cup with handle breakout. A stock that can easily move double digits a day. Over the high of today's put you at a max 8% stop right below support. I'm looking for way less than that in current environment. will it hold?