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ahollis

AAOI Possible two weekish swing trade

Long
Applied Optoelectronics, Inc. (NASDAQ:AAOI)  
ahollis  
NASDAQ:AAOI   Applied Optoelectronics, Inc.
Trend Analysis swingtrade
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trendanalysis swingtrade
Feels like a possible setup for a two-weekish swing trade. The stock hasn't broken the trendline yet and is still trending long with decent volume.
Two possible entry points: the bounce off the trendline retest or near support @ around $40.50.

Profit Target: $49
Stop Loss (Trendline Retest) $41.90
Stop Lost (Trendline Break) $39.90
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