AAOI Triple + TopTriple + top on AAOI at 13. Rejected again today, trading down 3.88%. Since earnings in August, AAOI has been up over 80%. Looking for a pull back to 10 which is the .5 Fib retracement.
AAOI trade ideas
aaoi alt 7/2026 $75alt view for aaoi that peaks end of year 2024, then support oct 2025 into final peak july 2026
this accounts for one final dip in august into sept.2024 to support the run further into 2025/2026
aaoi forecastaaoi forecast into dec 2nd 2024, $78ish unless pushed til early feb 2025... fast increase between now thru aug/sept and run starting again november ending early dec.
$AAOI, Livermore's Accumulation CylinderThis stock price is closely following the Livermore pattern. Additionally, their products may experience record breaking demand in the coming data center build out, to power AI and the next generation of the digital economy.
Immediate price target is ~$30 a share.
I am long $AAOI.
Measured Move into Earnings AAOIAAOI will have earnings next week, a potential measured move to the upside.
AAOI See you at the CrossroadsCurrently in a down trend channel, but closed back into a previous bullish channel. We will know in a couple days the direction this will trade in. Wait for confirmation and then trade accordingly.
Will it reach previous ATH?Pretty basic idea.. that the bull trend in semis and AI will help this stock to reach its previous ath which was a long time ago but the pattern might be similar.
Just an idea. Might work, might not work. Only time will tell
RSI BreakoutI've been tracking the steady downward channel along with the similar pattern in the RSI, today the RSI broke up and out of the channel (see the green arrow), perhaps signaling a reversal in the downward price channel.
$AAOI Bull Flag?I have been keeping an eye on NASDAQ:AAOI and wanted to get in a couple of weeks ago but did not want to chase it.
It has now pulled back and the last couple of days have been explosive. I took a one-third sized position yesterday (1/4/24) and added two times today to bring up to a full position.
The proper or traditional entry is yet to come as it breaks above the upper downtrend line of the Bull Flag. I like to get in as early as possible so that is why I took a small position yesterday as it looked to be confirming a reversal. Today is strong so I brought it up to full size. I may look to add even more on the next consolidation level. All TBD.
I have two stops. On todays add-ons it is just below today’s low. On the original buy it is below the Jan 3rd low.
Ideas, not investing / trading advice.
AAOIStill in bullish channel. HMA has curled up. Go long!
Buy shares as this is very volatile and can turn on a dime. Wait for trend confirmation if buying options.
AAOI Projected to be Profitable Next Year!Applied Optoelectronics has re-entered its extremely bullish channel that started in June. Volume has been double (average 2M, now 5M) as buyers are pouring in with the projection of AAOI being profitable next year.
Technically we are extremely overbought, but the trend is your friend! Go long.
Buy shares and hold. Options are over 100% IV.
AAOI back in the saddle again!We are back in this extremely bullish channel! All indicators point to up except volume. Just waiting for another 30M day in volume to reach that middle point in the channel. Thats a 40% gain. Holding March 10 calls. Adding more to my position. Join me!
AAOI falls outside channelBroke very bullish channel. HMA is still bullish. If we can't get back in channel, cut loss. Currently holding 10C Mar 24
AAOI ready for another run?Sitting at the bottom of a very bullish channel. HMA bullish crossover. Stochastic reset and %K bullish crossover. Very bullish
Elliot + Fibonacci Fit on AAOIPerfect 0.618 retest on wave 2 and 1.618 on wave three similar to wave one. If we bottom here at the 0.5, then the final impulse wave should also be a 1.618.
AAOI | InformativeNASDAQ:AAOI
RSI is in the overbought territory, and the price is significantly distant from EMA20, indicating an extended condition. Additionally, we are currently in Wave 3, which suggests the potential for the price to reach $11.30 before a correction. However, considering the risk-reward ratio, it is no longer acceptable. I anticipate a pullback to the range of $6-7 as Wave 4, followed by a subsequent rise to $17 to complete Wave 5.
Can AAOI continue a 400% trend up ?AAOI has trended up more than 450% since May 23th. The big question is can it continue?
The factors include:
1 Volume - volume is what causes price action. Here rising volumes above the running mean
suggest that there is plenty of volume support for price action.
2. Anchored VWAP analysis is that after a pullback in VWAP levels in mid June price has been
rising and crossing VWAP levels above it. This is essentially a VWAP breakout. Price is increasingly
overbought and overvalued and perhaps due for another correction.
3. RSI of both the lower and high time frames crossed 80 more than a week ago. Thus far
RSI is stable without any sign of falling into bearish divergence.
4. The MACD lines are parallel and well above the histogram. They are at about the 9 level.
Price reversed on June 20th into the pullback. This is when the lines were at 11.7. This reasonably suggests another pullback or correction when they rise again to 11.7
Given the above, I conclude that AAOI has upside room until divergence is seen or trading volumes change to net selling volume or price outright pivots down from a high.
Accordingly, I will take a long trade expecting to capture the end of this massive trend up.
will the bulls push or the bears pull almost at bull run soon we broke the risk trend line now waiting to break past privous highs
Long game with AAOIThis stock has a nice upward trend since July 2022 when the rest of the market begin cooling off. It has broken through the EMA200 level and has the opportunity to make it to the $5.10 level within the next year based upon fundamentals. With the RSI being above 70, I look for a pull back to the 50 range and then a climb again. There many sellers at the $8.10 range that are locked in at the moment. Let's see how this one does over the coming months.
AAOI If history repeats we are looking at a price jump to $3sPossibly needs a catalyst to achieve this. But it is bound to retest imo. Looks like we had 5 waves down already so perfect time to go from oversold conditions to more reasonable prices for this stock.
