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.
- 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.