abenoit2
Long

Need another continuation day tomorrow

NASDAQ:AAOI   APPLIED OPTOELECTRONICS INC
Need to continue past 26. Could backtest 25. Once past 26, little resistance until 27.5-28. Volume should begin to pick-up in the next week. I expect at a minimum RSI on the daily to reach it's last high point at 54. It should really reach to 58+ and at that point, very likely to get to 70+. People who are shorting the stock down at this price level are crazy. The only way they win is if AAOI has bad ER and horrible forecast.
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