Aug. 16 at 7:44 PM
$AAON has been cut more than 40% from its June high and is testing the April low on the Daily while approaching its rising 50EMA on the Monthly.
Add a Tier 1 score in my model, strong revenue growth, real profitability, heavy institutional ownership and a much more reasonable valuation after the selloff and there’s enough here to get me interested in the bounce.
Full setup and trade plan:
https://nnntrader.substack.com/p/weekly-pick-aaon
