My Investment Diary [Day 10] – Added to AAOI

Action:

Added more AAOI at average 85-90

Insights:

AAOI’s price has reached almost the 38.2 retrace. Very oversold and it dipped a bit more to shake out weak holders which was mentioned as a possibility in my diary yesterday.

Price is hovering above heavy institutional activity and into a time factor.

A micro five waves has formed off the sessions

‘s low and if this turns into a bigger five waves, that will be bullish. I am expecting a rebound and a possible push towards new highs onwards.

@Bridge Buzz SG

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