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worldsapart89

AAOI is getting ready for an explosive move upwards

Long
Applied Optoelectronics, Inc. (NASDAQ:AAOI)  
worldsapart89  
NASDAQ:AAOI   Applied Optoelectronics, Inc.
Chart Patterns Wedge Volume kvo Bullish Patterns LONG short-term
3
0
chartpattern wedgepattern volumestudies kvo bullish long short-term
- Current descending wedge will be broken as indicated by the linear regression channel
- MACD is green
- Volume is expected to cross above average volume
- We crossed above KVO trigger line and will continue upwards momentum next week

Also, short float is over 70% and not sustainable for a stock such as this.

Currently, I'm long with $60 average and $75 short-term PT. GLTA.
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