0HGV trade ideas
AAOI trading planWait for the pull back. Limit buy order at 40.51, stop loss at 37.25. First profit at 49.50. Max profit at 56. Risk/Reward ratio = 17.02
AAOI should bounce from 44.55 (fib .618) with target 60.20AAOI should drop to 44.55 (Monthly DZ and fib .618), then bounce to 60.20 (daily SZ), filling the daily chart gap.
AAOI Lots of noise and waiting for the dust to settle down.AAOI We are in somewhat noisy period. It's quite obvious that somehow the true value of the company is not properly understood. As well as the complexity of what it does in production excellence and superiority.
Regardless, the fundamentals as they relate to sales, growth, MARGINS, financial strength are so strong that the company is ridiculously undervalued. However, once the dust settles, there will be no way to escape the true value of AAOI. I expect the price to jump dramatically (due to the high short float) back to the trend channel and remain in that channel in 2018. AAOI
Buy the Dip on AAOIGuys, this is what I am anticipating for AAOI since I forgot to place my $60 buy order, if this happens, it should happen this week.
Buy the DIP!
Bottoming Pattern in AAOI on Tech QQQ momoOld momo stock with rounding bottom. Think this can go for a swing trade with stop under these lows. with QQQ showing so much momo and stocks like NVDA and others breaking out. Think there is a rotation in this type of name.
AAOI might break the resistance level: New buy setupThe AAOI might break the resistance level --> new buy. Waiting to see a bullish flag before entering the long position. If a bearish flag happens, the stock might continue the down way.
AAOI is getting ready for an explosive move upwards- Current descending wedge will be broken as indicated by the linear regression channel
- MACD is green
- Volume is expected to cross above average volume
- We crossed above KVO trigger line and will continue upwards momentum next week
Also, short float is over 70% and not sustainable for a stock such as this.
Currently, I'm long with $60 average and $75 short-term PT. GLTA.
AAOI Breakout$aaoi Since the bearish trend, it has formed a falling wedge with strong support at $55 + completely retraced 100% from bullish explosion the past year. Barring bad PR news, trend should reverse and become bullish again
