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Is AAOI setting up for a drop? 50 Day Moving Average Resistance shows up after declining 3.32%
AAOI finished lower by 3.32% on Friday, August 21st, trading 0.7 times its typical volume. consolidation patterns formed: NR7 and NR7-2, suggesting a potential continuation after price stabilization. Key support levels exist at 119.9, 114.98 & 108.07, with resistance at 131.73, 138.64 & 143.56.
Current SwingTradeBot Technical Rating of AAOI: B
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