On Watch 7/20/21 From Dante

 

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AEHR: Have high hopes for this one, thinking a T+2 type squeezer by mid week. Volume crazy, short target, and showed all morning with that never ending soak that they are here to trap and play games. So for the next day or two, I’m short biased, any gap up tomorrow and open shove I think will provide a nice short scalp, and if that materializes and we start grinding down again back towards 5 over the following session or two, I will have my eyes on it to flip back long by Wed/Thurs. Gap down tomorrow would be a bummer, not sure what kind of read is to be had there, so will likely pass on that and just keep an eye on it. Has big squeeze potential still but don’t force the trade, and doesn’t mean it has to happen.

AHPI: Sick move today. This stock is the definition of hot garbage, but those can turn into the best squeezers. Looking at this daily we seem destined to bust through recent 11 highs, so I have eyes on it. Little discouraging gap down a/h for the long bias, but we’ll see. This is similar to AEHR in the sense these guys are absolute clowns, and playing games is their bread and butter. Everyone loaded short, seems dead, so that has my attention for the improbable long. Just want to watch it tomorrow early – not interested in joining first spike, but if it can hold some gains should it go again and start to grind, then I’ll be interested. No interest short anywhere near 6-7 with covid stories gaining steam again.

APT: Another covid shitbag. This one doesn’t have a pot to piss in as far as “good” pump-able stories go. Like quite literally, nothing. So I don’t envision this continuing much longer. Eyes on it tomorrow for another shove and then fail, running into some resistance around 10-11. Volume was solid today, but nothing crazy. Doesn’t feel like anyone important is picking this up, and rightfully so. Never know, but seems like a solid short candidate tomorrow and next few days for an implosion right back where it came from.