AAOI breakout$AAOI is consolidating in a flag pattern, and it's right underneath the $50 area. It had a strong close today so if it gets continued momentum and builds over the $50 area then we can get a nice run on it
1AAOI trade ideas
AAOI – Applied Optoelectronics on watch for next week 02-25AAOI – Applied Optoelectronics, Inc.
With strong earnings and forecast AAOI has broken into an all time high territory. This can continue to trend higher but we may see some profit takers early next week that can push the price down. I took a short scalp trade late afternoon on Friday last week from high $48 and covered at low $48. This stock would definitely make 5% - 9% move on Monday so worth to put on a watch.
AAOI hits LT resistance prior to earningsAfter hitting a 2015 long term high,aaoi appears to be entering a corrective wave: which is good if we hope price goes up afterwards. But if it consolidates or enters a second corrective phase, a downtrend could follow: and with a break below the fib fan resistance level, that could very well happen. Best, Matt
AAOIgreat gap and go with pivot may take a run from here if breaks and fills gap exit trade if not slowly can move stop to lock in profits this company is in good space
TPICNewer stock poised to move much higher ...double bottom great first breakout occurred watch for break above middle of the W.....use typical stop 7-8%
AAOI to endure a nice ER season boost?A 400% ER surprise could put this stock over the top, literally...if it truly is in the midst of a wave 4 corrective, look for wave 5 to surpass the trend line above 16 before settling. What do you see?
AAOI Bullish Short TermShort Term Indicators Average: 100% Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Price Support Pivot Point Resistance
12.48 9.87 11.57 13.49
