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AAOI forms Upper Bollinger Band Walk on September 16
AAOI closed down 2.13% on Tuesday, September 16th, with volume running 1.3× above average. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 27.59, 26.24 & 25.19, with resistance at 29.99, 31.04 & 32.39. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of AAOI: C
More technical signals and insights for AAOI → Visit SwingTradeBot.com
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