Apr. 6 at 8:56 PM
Parabolic Trend Analysis:
$AAOI
Applied Optoelectronics has been on a real heater this year. After weighing it against its peers such as
$FN $LITE and
$COHR, I took an entry on a UnR setup at
$85.
This stock to me represents the next bottleneck in the AI trade, and I think a combination of its volume acceleration, deal flow, and propensity for growth amidst a financial efficiency turnaround make this a tremendous trade.
Check out all of the fundamental, technical and broad market notes annotated below:
