We can see that the Supply pattern is now higher than 10% and in a bearish zone. Competitor FNSR publishes earnings today, which could set the tone for the sector. Hence, AAOI investors have been prudently exiting positions. (MAN has a Supply higher than 10%, but it is in a bullish zone)
I still like the stock, but I had no choice than to trade what I see.
The Portfolio is now 10% long and 10% short.
The trade ideas for today are below. The most interesting are those in Yellow, whihc most are in a low supply zone and under accumulation during a recent price pull back.