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Is AAOI ready to move higher? Crossed Above 20 Day Moving Average shows up after rocketing 16.85%
AAOI posted a 16.85% gain on Monday, August 3rd, accompanied by 1.1× normal trading volume. Multiple bullish signals emerged — Crossed Above 20 DMA, 200 DMA Support, MACD Bullish Signal Line Cross & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 95.24, 80.28 & 72.42, with resistance at 118.06, 125.92 & 140.88.
Current SwingTradeBot Technical Rating of AAOI: C
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