Buying A Beaten-Down Tech Stock

Published on
June 21st, 2018
7 minutes

Buying A Beaten-Down Tech Stock

Technical Trader ·
Featuring Dave Floyd

Published on: June 21st, 2018 • Duration: 7 minutes

Technical analyst Dave Floyd, founder and president of Aspen Trading Group, is bullish on Applied Optoelectronics (AAOI), which serves as a fiber network supplier for clients that include Facebook and Amazon. Under the right circumstances, Dave believes that shares of AAOI could rise by nearly 70%. He takes to the charts to illustrate his trade. Filmed on June 18, 2018.