Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 198.54

-4.1%

Nov 4 3:59 PM EST

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From: Trader J	8/14/2024 12:21:01 PM
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TRADE: Bought AEHR at $13.50. This is primarily a position trade made due to recent price action off the highs ($21) and now sitting at just above a somewhat attractive support level, though it could trade down to $13 near term. The last earnings was disappointing, the catalyst for the drop. Low float stock, questionable couple of quarters coming up based on conference call commentary of orders pushed out. This is a speculative-only position trade and at the 50% level, meaning that I'm leaving room for one more trade. If it breaks down below $13 to any degree, I'll likely exit and wait.

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