AEHR - long - potential reversal - (short squeeze)

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 singulated die/module level test. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.

This is not a financial advice!

We need to stay in a bullish overall sentiment of the market. If we see a corretion, this play might doesn't work.

Shs. Float of 27.05M
Short Float 22.47%

Keep an eye on 21.7 , 24.5, 39, 78 levels, needs to get broken for a further upmove. If you want to lock in gains you can take full or partial profits at these levels.

SL under 16.5

TPs approx. 27.0 long-term even 78 possible

Most info on the chart.

Trade carefully!

Trade closed: stop reached