๐จ
$FORM โ $110 ISNโT JUST A NUMBER. ITโS THE TEST. ๐
$FORM is around $106.39.
The semiconductor trade is heating up again โ but Iโm not chasing the move.
Iโm watching whether buyers can take $110 and keep it.
$102.00 โโโโโ Support
$106.39 โโโโโ Current
$110.00 โโโโโ Key Level
$115.00 โโโโโ Breakout
$125.00 โโโโโ Target 1
$135.00 โโโโโ Target 2
๐ข BULL CASE
Hold $102
โ Reclaim $110
โ Break & hold $115
โ $125 โ $135
๐ด BEAR CASE
Reject $110โ$115
โ Lose $102
โ Momentum weakens and a deeper pullback becomes possible.
โก WHY FORM IS ON WATCH
FormFactor remains directly tied to semiconductor test & measurement, while management has upcoming investor meetings at Citiโs Global TMT Conference on September 9 and B. Rileyโs Consumer & TMT Conference on September 10.
That gives the stock a fresh catalyst window.
But the catalyst alone isn't the trade.
Price has to confirm it.
๐ฅ $115 breakout + strong volume + successful retest = confirmation.
No FOMO.
No blind entry.
Let buyers prove the next leg.
๐
$FORM โ $110 gets reclaimed, or do sellers defend the zone again?
#FORM #FormFactor #AIStocks #SemiconductorStocks #StockTrading