AEHR- Flag formation Long from $3.80 to $4.37
Updated
AEHR is a beautiful flag formation. Huge breakout & it has good upside potential. A break of $9.74 can insure the upward flag break.
* Trade Criteria *
Date first found- February 14, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $3.80
Exit Target Criteria- $4.37
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- February 14, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $3.80
Exit Target Criteria- $4.37
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
February 15th- Traded into opening price, and made a nice upward move. Looking very good as long.Note
February 21st- Wonderful 21.4% upward move today, hitting our target price. Consider taking some profit closing half of the position, and updating stoploss to entry price for the rest.Note
February 23rd- Adjusting to EMA lines after huge gain, still looking very strong as long. Updating stoploss to $4.23 & Putting a new target of $5.47Note
March 6th- updating our stop loss criteria to $4.53Note
March 10th - Went up huge 4.59% & missed secondary target price only by 2 cents. We would consider taking some profit here.Trade closed: target reached
March 10th - Went up huge 4.59% & missed secondary target price only by 2 cents. We would consider taking some profit here.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.