$AEHR reports earnings Monday after the bell — stock closed Friday at $107.21, up 431% YTD, consolidating just under $110 after the September rip.
Last week was sideways chop below supply. Friday held the $103.50–104.60 support zone, keeping structure clean into the print.
Key levels:
$110 — immediate resistance, last week's supply
$126 — next zone above if it runs
$103.50–104.60 — support held Friday
$101.60 — breakdown level
$96.38 — 50-day MA, deeper support
Holding above $104 into Monday's close keeps the setup live. Below $101.60 before earnings and the structure breaks — setup's off.
Consolidation under resistance into a catalyst. Clean if it holds, dead if it doesn't.
Last week was sideways chop below supply. Friday held the $103.50–104.60 support zone, keeping structure clean into the print.
Key levels:
$110 — immediate resistance, last week's supply
$126 — next zone above if it runs
$103.50–104.60 — support held Friday
$101.60 — breakdown level
$96.38 — 50-day MA, deeper support
Holding above $104 into Monday's close keeps the setup live. Below $101.60 before earnings and the structure breaks — setup's off.
Consolidation under resistance into a catalyst. Clean if it holds, dead if it doesn't.
