---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000787010.md"
description: "$Applied Optoelectronics(AAOI.US)AAOI is one of my favourite optical stocks. She has retreated quite a bit from its ATH which provides a fantastic entry point.Technically looks corrective as a fourth wave and price rebounded just above the 38.2 retrace at 109.However, it is only three waves up so far and even though yesterday’s rally saw good elevated volume and can qualify as a third wave, price needs to confirm with another push to go past the third wave high of 127.46. That will confirm the five waves up and set up nicely for a bigger second wave buyable pullback for an even bigger rally ahead.@Captain's Treasure"
datetime: "2026-07-10T10:00:07.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000787010.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000787010.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000787010.md)
author: "[Heroic Lifesaver](https://longbridge.com/en/profiles/21630362.md)"
generator: "portal-rs"
---

# $Applied Optoelectronics(AAOI.US)AAOI is one of my…


### Related Stocks

- [AAOI.US](https://longbridge.com/en/quote/AAOI.US.md)

## Comments (1)

- **joker2018～11 · 2026-07-10T13:15:06.000Z**: 127 is the whole ballgame here, no clean break and it stays a bounce not a new leg. just wary that a name up triple digits this year can drag the correction out longer than any count wants


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**