AEHR

Its been setting lower highs the last 2 days.  Goal is to Short again at 3.33 if it holds, but would definitely like it to climb and get stuck at 3.50 to 3.70.  Major support last 2 days at 3.00 but could crash to 2.60 to 2.40.

Possible Plan - Reshort at 3.40 and cover at 3.00.  No Dip Buy as too risky without a possible huge move back up.

3.50 as risk and if breached look to reshort at 3.55 - 3.70 depending on resistance, and only if the resistance breaks at 3.40.

 

250 short @ 3.40:

$25 Risk - 2.9% / $100 Reward - 11.7%

Risk Reward Ratio - 4.03:1 

 

RXDX

First Short Thought: Possible Short at 7.65 - 8.00 if sufficient resistance

convincing break of 8.10 is a potential Buy

 

play: Short 150 @ 7.65 Resistance with 7.80 yesterdays high as risk.  

can add there if it holds or cover and add higher into resistance around failed 8.00.

Goal is 7.00 support, but could easily crack and go lower since its up so high. 

 

100 Short @ 7.65:
$22.50 Risk -  2.9% / $65.00 Reward - 8.4%

Risk Reward Ratio - 2.89:1