JesseRW
08-28

For optical traders, three columns worth noting: the last column is percentage up from the 52-week low, second from last is percentage down from the 52-week high, and third from last is RSI.

I didn't realize $Applied Optoelectronics(AAOI)$  was down 51% from its 52-week high, but still up 515% from the 52-week low. That's pretty impressive.

$Fabrinet(FN)$  only managed a 39% gain from its 52-week low while the others are showing triple-digit gains. Value buying?

$Lumentum(LITE)$  leads the group with a 651% gain off the 52-week low. The frustrating part is I traded in and out and didn't capture much of that move.

$Marvell Technology(MRVL)$  reports today, so that could be what's dragging the sector. If MRVL rallies after earnings, they should all rebound together.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

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