I'm still looking at roughly 60% upside to the next target from here, yes, even after the recent run.
But let's be real... the air's getting thin.
Momentum has already done a lot of the heavy lifting.
The risk/reward is tightening.
The structure is still tradable if the trend holds.
These are the spots that test your gut. Conviction matters more than comfort. Either it keeps grinding, or it cools off fast.
Is anyone else watching $Applied Optoelectronics(AAOI)$ the same way? Thoughts?
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