AEHR trade ideas
AEHR - Bullish Momentum - Could Hold - WaitAehr Test Systems engages in the design, manufacture, and marketing of test and burn-in products to the semiconductor manufacturing industry. Its products include wafer contact test systems, test during burn-in systems, test fixtures, and die carriers. The company was founded by Rhea J. Posedel on May 25, 1977 and is headquartered in Fremont, CA.
SHORT INTEREST
265.63K 09/13/19
P/E Current
-7.14
P/E Ratio (with extraordinary items)
-7.25
Average Recommendation: BUY
Average Target Price: 3.00
AEHR- Flag formation Long from $3.80 to $4.37AEHR is a beautiful flag formation. Huge breakout & it has good upside potential. A break of $9.74 can insure the upward flag break.
* Trade Criteria *
Date first found- February 14, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $3.80
Exit Target Criteria- $4.37
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)