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 active
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February 15th- Traded into opening price, and made a nice upward move. Looking very good as long.
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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.
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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 $5.47
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March 6th- updating our stop loss criteria to $4.53
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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
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March 10th - Went up huge 4.59% & missed secondary target price only by 2 cents. We would consider taking some profit here.