I've been tracking Aehr Test Systems, with the EV boom cooling off a bit in 2024, Aehr's facing a couple of headwinds, especially their heavy betting on ON Semiconductor for a massive chunk of their sales. Still, they're not just sitting around; they're actively broadening their customer list and staying vital in the EV manufacturing world. They're bracing for a bit of a slowdown in growth, but it's clear they see this as just a bump in the road, not the end of it. And with the stock price coming down to more earthy levels, it looks like a pretty good opportunity for us looking to get a piece of the EV action. I'm eyeing this stock, ready to jump on a .618 micro retracement, and then hoping to ride it up to around the $20 mark, Possibly even filling that January gap. Good Luck Friends!
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Average Down.