Jul. 17 at 8:31 PM
$AEHR Major Resistance
$102.48 3-touch swing high
Major Resistance
$126.62 Period high (4 weeks ago)
Recovery Scenario
The sell-off is pure profit-taking after a 43% spike, not a fundamental problem. The guidance was massive — FY27 revenue forecast of
$130–150M is nearly 3x what the Street expected (
$85M). Record backlog, 5x bookings growth, AI diversification,
$116M cash. Nothing deteriorated.
Here's what to watch for a recovery:
$76.74 must hold. Today's low was
$76.75 — literally at the level. If this major 3-touch support breaks with conviction, the next downside target is
$63.32. If it holds, this is the floor.
First recovery signal: reclaim
$84.20 (PDC). The stock needs to get back above yesterday's close to stop the bleeding. Above that,
$86.58 (broken major support) and
$87.73 (PDH) are the next gates.
