$AEHR remains on the focus list as a potential future leading stock. But in the short-term is extended & consolidating in Stage 3 on the intraday 2-hour timeframe. If it breaks down into Stage 4 intraday, then the swing rule target projects back towards the 200 day MA around 13.
$AEHR weekly chart is in Stage 2 currently, after a sharp double bottom breakout and multi-week follow through, which caused it jump from Stage 4 into Stage 2 very quickly and only form an extremely brief Stage 1. So a pullback and formation of a higher base would be healthy.
Follow up to $AEHR from the 20th August post above. It formed an upthrust (UTAD) in Stage 3 and broke down into Stage 4 on the intraday 2 hour chart, and has now reached the projected swing target (a few points short, but close enough). So watching for a base to develop or bounce
$AEHR further follow up two weeks later has now broken out strongly into Stage 2 on the intraday (2hr) timeframe, & moved back into alignment with the weekly Stage 2.
So a good example of how you can use SA on the lower timeframe to help time the secondary pullback entry point.
So a good example of how you can use SA on the lower timeframe to help time the secondary pullback entry point.
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