NASDAQ:AAON looks bullish
- Good revenue growth
- Good ROE, ROIC
- Consolidate at a support level
- Good risk management: Can enter here with the small stop (5%)
AAON Inc (NASDAQ:AAON) reports a 28.6% increase in net sales for Q3 2023, reaching $312.0 million.
Gross profit margin for the quarter rose to 37.2%, up from 27.0% in Q3 2022.
Net income for the quarter was $48.1 million, a 75.0% increase compared to the prior year quarter.
AAON's backlog at the end of Q3 2023 was $490.6 million, down 4.7% from $514.7 million a...
📈 Exciting News for Traders! NASDAQ:AAON is showing a promising technical signal on the daily timeframe chart, indicating a potential trend reversal.
🚀 It might be the perfect time to consider going long. For your safety, make sure to check out the stop loss details provided in the chart.
🍀 Wishing you the best of luck on this trade!
Cheers,
Ivan Labrie.
Insider sell, let's fill the gap... Tradingview wants me to text more BS about this super simplified idea. Liquidity taken. Fib lvl hitted. Insider sell news. Gap down there.
Price is attempting to break out of a large channel in grey.
Price can also be seen to form a nice rounded inverted H&S pattern.
This could lead to a strong breakout, further out of the channel.
I have drawn some smaller channels on chart for enjoyment.
Linking to my idea from 25 FEB - AAON has moved great on +500% Volume increase at the highest volume in the last 2 years. Lets see how hte follow through action would look
Looking for the stock to consolidate at the alert level (cyan color). If it breaks out of there I think this would be a good stock (around the red arrow).
This is what Jessie Livermore called the Line of Least Resistance
The PEAD projected a Bullish outlook for $AAON after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
Triple Top
MA 20 Far
Low Volume
GAP
Sell at 80 Looking for add at 83-84 Resistance Area
TP1 First Fib Line
TP2 Trail / Gap close
End Trade Before Dividend
NASDAQ:AAON
$AAON D-chart. Long term buy overlooked by the market.
. formed a year long Cup with a handle formation, with the price trigger hitting last Friday.
. BUY signal with volume triggered (10/24)
. crossed over .618 Fibonacci with volume
. with earnings coming up, it could potentially rise to the 1.68 Fib level within days...if not, it may take few months.
....
with the price crossing downwards and might cross the sma line, also low atr, and the fib channel it looks like it is going to sell off don't know what target price is. The last reason why I think this is it hit its high awhile back at 80ish took a dip and doesn't seem like it will be able to get passed it, so if it crosses below the sma I will be selling my...
I see multiple indicators showing a bottom on the weekly chart.
1. The stock is in a solid uptrend.
2. Last candle is a green doji.
3. The current price is near a clear level of support.
4. The doji bounces off the Lower BB
5. Looking for MACD to start closing in on signal line
6. Looking for RSI STOCH to cross above 20 line.
If this thing turns around, this...
Nice looking chart, don't much like the company website very much though. Seems to be declining towards it's next ER. Maybe the market knows something. Just watch for now, would like to see it show some more strength.
NASDAQ:AAON
Just noticed this stock and this great opportunity.
those position I like the most because you catch them at the start and can take high profit from just solid trend.
I have multiply reason to buy this stock:
Uptrend - this stock keeps going up few months now, just move up your stop command once in several weeks, and its a great profit.
...
Stock AAON seasonality starts to Buy date on February 27 and ends Sell date on April 24
Percent Profitable is 89.47% in 19 years and an average return of 9.59% per year
