$AEHR is gonna fall todayPupm&Dump trading strategy idea.
$AEHR is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,28;
stop-loss — $4,72;
take-profit — $3,42.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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AEHR trade ideas
AEHR - Bullish Momentum - Could Hold - WaitAehr Test Systems engages in the design, manufacture, and marketing of test and burn-in products to the semiconductor manufacturing industry. Its products include wafer contact test systems, test during burn-in systems, test fixtures, and die carriers. The company was founded by Rhea J. Posedel on May 25, 1977 and is headquartered in Fremont, CA.
SHORT INTEREST
265.63K 09/13/19
P/E Current
-7.14
P/E Ratio (with extraordinary items)
-7.25
Average Recommendation: BUY
Average Target Price: 3.00
AEHR- Flag formation Long from $3.80 to $4.37AEHR 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.)