gingerheadtrader

AAOI Long $65 to $75 at least

Long
NASDAQ:AAOI   Applied Optoelectronics, Inc.
AAOI dropped on a huge overreaction to guidance last week. Price fell down to long term support and in my opinion is a screaming buy down here at $65. If my TA is close to accurate, $75 is in the near term future again. Any sort of drop from these levels would be a very bearish signal for me as price is right on the lower trend line, so watch out!

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