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Is AAOI setting up for a drop? 50 Day Moving Average Resistance shows up after declining 3.28%
AAOI closed down 3.28% on Thursday, June 18th, with volume running 1.3× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 155.01, 148.17 & 138.3, with resistance at 171.72, 181.59 & 188.43.
Current SwingTradeBot Technical Rating of AAOI: B
Just a sneak peek — check SwingTradeBot.com for the full story on AAOI.
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