Aehr Test Systems

AEHR systems has a good long trade set up

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AEHR systems has a strong weekly long set up. It has just started to break out. I will be accumulating at 14 and below as long as the stock maintains above the support level of $12.84.

My first profit target is at 28 dollars. This is a weekly chart so it will take some time to play out.

Upside Targets:

- Nearest upside target: $22.68 (56.5% above current price)

- Next step higher: $57.84 (155.2% above nearest target)

- Downside Targets:

- Nearest downside target: $13.47 (7.1% below current price)

- Next step lower: $10.80 (19.8% below nearest target)



- Watch for a breakout above the resistance level of $21.44 for a more bullish confirmation.

- Be cautious of a drop below $13.47, which could indicate a bearish reversal.

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