Reallifetrading

Pre earnings analysis on AAOI

Long
NASDAQ:AAOI   Applied Optoelectronics, Inc.
This one was of my stock picks for the RLT Summer Portfolio. #killingint

STRONG BULLISH trend. I think if AAOI gaps down into the moving averages, it will get bought up. If AAOI gaps up to an ATH on earnings, all the people who HAVE bought in the past will sell, causing a FADE.
Comment:
Stock is gapping down LARELY into $69 right now. It is a bearish gap and go and PROBABLY wicks down, spikes down into $60 (and finds some buying there... IF AT ALL)

Thanks for helping us Enrich Lives!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.