$AEHR - Post Earnings Continuation Base Setup
$Aehr Test(AEHR)$ - Post Earnings Continuation Base Setup
Following a +20% close upon gap up move from a +305% EPS surprise two weeks ago, AEHR failed to see follow through momentum.
Last week, it rebounded off the 200-MA and gap support (highlighted yellow zone), with the last 4 days showing price action hugging the the rising 10-MA amid volume contraction.
Note that AEHR is actually trading above all key MAs and is already up +60% from its 52-week low since late June 2024.
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