🚨
$FORM — $110 ISN’T JUST A NUMBER. IT’S THE TEST. 👀
$FORM is around $106.39.
The semiconductor trade is heating up again — but I’m not chasing the move.
I’m watching whether buyers can take $110 and keep it.
$102.00 ━━━━━ Support
$106.39 ━━━━━ Current
$110.00 ━━━━━ Key Level
$115.00 ━━━━━ Breakout
$125.00 ━━━━━ Target 1
$135.00 ━━━━━ Target 2
🟢 BULL CASE
Hold $102
→ Reclaim $110
→ Break & hold $115
→ $125 → $135
🔴 BEAR CASE
Reject $110–$115
→ Lose $102
→ Momentum weakens and a deeper pullback becomes possible.
⚡ WHY FORM IS ON WATCH
FormFactor remains directly tied to semiconductor test & measurement, while management has upcoming investor meetings at Citi’s Global TMT Conference on September 9 and B. Riley’s 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.
🔥 $115 breakout + strong volume + successful retest = confirmation.
No FOMO.
No blind entry.
Let buyers prove the next leg.
👀
$FORM — $110 gets reclaimed, or do sellers defend the zone again?
#FORM #FormFactor #AIStocks #SemiconductorStocks #StockTrading