AEHR Test Systems Options Ahead of EarningsIf you haven`t bought AEHR before the rally:
nor sold the Double Top:
Then analyzing the options chain and the chart patterns of AEHR Test Systems prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $0.98.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Aehrtest
Dissecting a winning trade in $AEHR. What went wrong?Admittedly, not all of my trades will be correct. Even if they are correct, I will never be able to trade them perfectly. What I strive for is to be better than yesterday.
Such is the case for my $AEHR trade.
The marked areas are what I used to enter this stock, usually when volatility has died down.
Tried to be as patient as I could by trailing my profit with 5 Day Moving Average. It worked for a time but my ride got cut short, leaving me in the dust at $13.50ish
Maybe it was too tight of a trail profit to use. Nonetheless, that strategy has proved its worth in the past already.
Currently missing out on a lot of gains from this. Will use this experience to improve my strategy further.
This trade has made me around $30k. It's good but still a lot more to be improved.
Thanks and good luck out there!
AEHR Test Systems Price PredictionBen Rabizadeh, founder of storytrading.com, said Aehr Test Systems is his largest position.
Rabizadeh is targeting a short-term move to the mid-teens if the stock is able to break through $8 per share with high volume, which just did.
Aehr Test Systems could reach $50 by the end of 2021, Rabizadeh said.
The stock could trade as high as $100 per share in the next two to three years, he added. (benzinga.com)
The volume today was 31Mil from an Average of 4,3Mil