I'm going to keep this post very simple and straightforward so that everyone can comprehend it very easily, and I am trying to help y'all. Applied Optoelectronics (AAOI) short-term trading is one of the easiest ways to generate quick profits. I used to hold AAOI, but after I sold, I still kept an eye on it for a couple of months. The simple formula is the following.
$150 to $170/share: BUY
$190+, usually $200+/share: SELL
Since attaching images here isn't allowed, look at AAOI's past month for an easy visual. You can see this cycle happen four times. Obviously, market prices change over time, so the ranges might shift over time as a result. Also, there will be certain times (like now) where you might need to hold the bag for a little longer than usual, but I will most definitely shoot up to $200+/share in the near future. After all, AAOI is a very promising stock for the AI buildout. AI infrastructure is categorized, in order, into the following six layers: manufacturing enablers, processing units, memory, optics and networking, cloud data infrastructure, and energy. AAOI falls into the fourth layer (optics). It is a very promising stock.
The key here is not to be greedy. Waiting for the absolute low to buy means you will likely miss out. Waiting for the absolute high to sell means you will just be a long-term bag holder (which honestly isn't a bad thing for this stock, but defeats the purpose of what I'm trying to tell you). Just follow the simple formula, be patient at times, and realize profits.
I know what some of y'all are thinking: "Past performance is not indicative of future results." Well, sometimes, it is, and even if it isn't, there will be plenty of opportunities for you to bail out for a profit. At the end of the day, it is up to you. Cheers!