The VoSI VooDoo Report
Offbeat Ideas and Commentary from the Depths of Gil's Trading Notes
We had some nice movement in AAOI and LITE earlier today, but I note that LITE appears to be morphing into a short-sale target here at the 50-dma...it is possible to play it that way, using the 50-dma as a tight upside stop. Sometimes I will flip from long to short if I sense weakness in a name as I'm making money being long the thing. AAOI is also faltering, and has dropped below its 20-dema. Stay alert and fluid with these...Ugly Ducklings are not always easy money.
VoSI VooDoo(TM) Report - Opto-Ducklings Follow-Up
|Published:||20 Nov 2017 14:04 ET|
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2022 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.