How To Trade Stocks Reacting To News
On April 13th, AAOI gapped up more than 10% on company news. But the news was just fluff! So after the jump the stock faded the entire day dropping from $50 to $45. This jump formed a gap fill area for AAOI between its April 12th’s close at $40.82 and April 13th’s $45, a $4 range. …