Reallifetrading

Pre earnings analysis on AAOI

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NASDAQ:AAOI   Applied Optoelectronics, Inc.
This one was of my stock picks for the RLT Summer Portfolio. #killingint

STRONG BULLISH trend. I think if AAOI gaps down into the moving averages, it will get bought up. If AAOI gaps up to an ATH on earnings, all the people who HAVE bought in the past will sell, causing a FADE.
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Stock is gapping down LARELY into $69 right now. It is a bearish gap and go and PROBABLY wicks down, spikes down into $60 (and finds some buying there... IF AT ALL)

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