I’m not seeing enough confidence from buyers yet to convince me the selling is over in this market
We’ve had a lot of volatility and sharp sentiment shifts lately
Until buyers step in and prove they can hold key levels, I think there’s a real possibility we see more downside Thursday and Friday
$NBIS This chart has been perfect 👀
I caught the 92% rally up and called the top. Now price is down 33% since the post below.
I still expect a long term bottom at the 0.618 fib, where I’ll be making $NBIS my largest position.
As always, I will post when I buy for free.
$LITE just confirmed optical components are sold out through 2030
You saw how it panned out for $MU and $SNDK during the memory demand, right?
I’m calling it right now $AAOI is the next $MU
@EhrmantrautCap_ If $AAOI hits their 2027 targets we’re going to look back and kick ourselves for not buying more under $100 because this will be a $400-500 stock at the end of next year if they’re at $6B run rate heading into 2028.
You see it, right?
You see the months-long consolidation wedge that $AAOI is forming, don't you?
Now combine that with the start of Super Wave 3 and the start of standard Wave 3, as you can see in the quoted post
$AAOI is going to rip faces off; on top of that, its ATM is already finished, so we won't be seeing any more of it for a while
Let this be on the record
While everyones panic selling I've been shopping...
Added more $AAOI at $100.50
New avg price: $106.79
Demand for lasers hasn't gone away.
Red days in photonics are a godsend! Thank you sellers!
$AAOI testing its supporting trendline + psychological $100 level!
GEX Heatmap shows the King Node at $120 for this week!
Likely to see a run back towards the DMAs this week!
The shift toward silicon photonics is not bearish for $AAOI
$AAOI is investing heavily in SiPho based 800G/1.6T transceivers, while manufacturing its own lasers (Silicon photonics still needs lasers)
$AAOI is positioned to benefit from both sides of the transition: more optical modules and growing demand for advanced laser sources.
Thats why Im bullish on $AAOI.
$AAOI gamma update | Oct 12
-8% today and it landed right on $100.
that's the biggest short gamma level on the map, and round numbers like this tend to get defended the first time.
nothing big sitting between here and $110, so if it bounces there's not much in the way.
$110 is the first real magnet, then $115, with $120 the biggest long gamma level up top.