Do you think the sell off on Tuesday, if it were to happen, would also bring it down?
N3utra
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@liwei199602, It's held up well the last few days. For shorts to keep pushing it down this close to EC is risky. It almost felt like some minor short covering was taking place last week. It fought back on Friday, which is also a good sign. Wednesday is going to be a show either way. OCLR, LITE and MTSI had some great information, depending on how you want to interpret it and how much you know about AAOI, that gives those of us riding this trade for the last couple of months confidence.
UnknownUnicorn1020621
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@N3utra, I only look at technicals for a short-term trade. LT AAOI is a leader. It's not the company that will go away. That's that.
Now technically speaking, this should go up. I have been wrong on this stock before... let's see how this goes this time. Will be interesting XD.
UnknownUnicorn1020621
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@liwei199602, If the sell-off happens, we will have to go back to the drawing board... but this one is already beaten to its fullest so anything is possible, may go down to the bottom support.