AEHR is trading sideways; a dip/pullback could be a buy.
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Another suggestion here, AER, AEHR test systems. I This is good because this has been a absolute monster. They do they do semiconductor testing. Uh so it's thematic. We haven't looked at this, I don't think, together.
Here's a very interesting thing. It's very sideways. This is also a space where a dip could be a buy. But do you see what's happening here? The traders here. They came earnings, right?
Held above the earnings scandal. Went into the first target of the extension. Pulled all the way back to the base of the earnings scandal. Rose again, almost hit the top, but it looks to me like 150 was where a call is sitting and now it's come all the way back.
Now, the question is, is that good or bad? And my thought is it's really just sideways at this juncture. Now, would a beautiful pullback give this a buying opportunity for us? And I think yes.
I think it really would. If you want to do it at 60, you can. You know, it could come to 50 and then you make the trade. Right now, if we just take a look at it on a daily chart, it's sitting underneath the five, underneath the VWAP, underneath, which is this one, underneath that 60 that I have that just flattens out that 50 event.
And it's actually lost the low of its earnings candle event. 67 appears to be the next space. If you Let's see where the port wall is. Um, the P wall is not very strong. It's at 75 and so I think it would be well below that if you ask me.
What this channel has said about $AEHR
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