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...
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
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. ...
In this chart we're looking at AAON on the 1D chart as price has consolidated into a rectangle. Price has broken out through the horizontal boundary at $52.50 and has confirmed the breakout by breaking through the $53.29 area. This rectangle has a price target of around $61.67 for about a ~17.5% gain. This chart pattern breakout is occurring above the 200EMA, so...
AAON found support on both the Tenkan-sen / conversion line and heading to break through both the Senkou-Span A and B lines. Entering long this week and based on price action possibly short in a week or 2 as it most likely gravitate back to the Tenkan-sen / conversion line.