It is always a second fake jump or I call it as a FOMO jump. For those who miss the first jump of AAOI around 147%, this is a perfect chance to jump right in. This second time RSI turn around near RSI 30, the jump should be at least 15%, or even 40-50% if you willing to take more risk!
AAOI Long play, last one for now,
Max risk is 1% and max gain will be 2.5%
Entry was 12.35, Stop is 11.95, max gain will be $13.35
It looks like its moving up it may turn into a weekly false breakout and stop me out but lets take a chance on it.
Just an idea for those who aren't afraid to lose some money. This is a FULLY speculative trade, risk on ur own. Got in @ $10 and will buy some more @ $11-12. SL $5, TP $25-50-100.
