AAOI โ€“ 30-Min Long Trade Setup!

68
๐Ÿ“ˆ ๐ŸŸข
๐Ÿ”น Asset: Applied Optoelectronics, Inc. (AAOI โ€“ NASDAQ)
๐Ÿ”น Timeframe: 30-Min Chart
๐Ÿ”น Setup Type: Breakout + Retest at Supply Zone

๐Ÿ“Š Trade Plan โ€“ Long Position
โœ… Entry Zone: $13.85 (breakout confirmation near resistance zone)
โœ… Stop-Loss (SL): $11.77 (below trendline + support zone)

๐ŸŽฏ Take Profit Targets:
๐Ÿ“Œ TP1: $16.44 โ€“ Resistance zone
๐Ÿ“Œ TP2: $19.88 โ€“ Major structural resistance

๐Ÿ“ Risk-Reward Calculation
๐ŸŸฅ Risk: $13.85 - $11.77 = $2.08/share
๐ŸŸฉ Reward to TP2: $19.88 - $13.85 = $6.03/share
๐Ÿ“Š R/R Ratio: ~1 : 2.9 โ€” Strong swing potential

๐Ÿ” Technical Highlights
๐Ÿ“Œ Breakout above falling wedge structure โœ”
๐Ÿ“Œ Clean retest of yellow supply zone โœ”
๐Ÿ“Œ Strong bullish momentum with follow-through โœ”
๐Ÿ“Œ Higher low formed with aggressive breakout wick ๐Ÿ”ฅ

๐Ÿ“‰ Risk Management Strategy
๐Ÿ” SL to breakeven after TP1
๐Ÿ’ฐ Book 50% profits at TP1
๐Ÿš€ Let the rest run to TP2
๐Ÿง  Protect capital, follow structure

โš ๏ธ Setup Invalidation If:
โŒ Price closes below $11.77
โŒ Bull trap reversal with high volume
โŒ Fails to hold above yellow zone

๐Ÿšจ Final Thoughts
โœ” Strong volume-backed breakout from base
โœ” Ideal R/R for breakout traders
โœ” Watch for continuation candles to build momentum

๐Ÿ”— #AAOI #BreakoutTrade #ProfittoPath #ChartAnalysis #SwingTrade #NASDAQStocks #TechnicalSetup #SmartMoneyMoves #RiskReward #VolumeSpike

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