AAOI – Expansion Completed, Location MattersApplied Optoelectronics, Inc.BATS:AAOIBinMhusienAAOI just delivered a strong upside expansion. At this stage, price itself is not the opportunity — location is. Chasing here carries elevated risk. The higher-probability play comes only if price pulls back into lower demand zones (~26–30) where risk becomes defined. Above current levels = momentum, not edge. At demand = structure, control, and clarity.