NASDAQ:AAOI Applied Optoelectronics, Inc.
This stock has a nice upward trend since July 2022 when the rest of the market begin cooling off. It has broken through the EMA200 level and has the opportunity to make it to the $5.10 level within the next year based upon fundamentals. With the RSI being above 70, I look for a pull back to the 50 range and then a climb again. There many sellers at the $8.10 range that are locked in at the moment. Let's see how this one does over the coming months.