AAOI Stock: Looking for a Bottom
Applied Optoelectronics Inc (NASDAQ:AAOI) stock is a perfect example of the expression, "what goes up must come down," because that is exactly what happened to AAOI stock in 2017. It began the year at $23.71, and after an incredible run to the upside, where it peaked at $103.41, it only managed to hold on to enough gains to finish off the year at $37.82.
I'm not here to rub salt in anyone's wounds. On the contrary, I am focusing on AAOI stock because I have the inclination to believe that the stock has reached an important inflection point where it can gather its footing and once again make a move toward higher stock.
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Applied Optoelectronics Inc (NASDAQ:AAOI) stock is a perfect example of the expression, "what goes up must come down," because that is exactly what happened to AAOI stock in 2017. It began the year at $23.71, and after an incredible run to the upside, where it peaked at $103.41, it only managed to hold on to enough gains to finish off the year at $37.82.
I'm not here to rub salt in anyone's wounds. On the contrary, I am focusing on AAOI stock because I have the inclination to believe that the stock has reached an important inflection point where it can gather its footing and once again make a move toward higher stock.
Den vollständigen Artikel lesen ...