intraday leader stays above key daily moving averages.
AAOI shows sustained intraday relative strength and trades above key daily moving averages, making it a leader in this tape.
AAOI holds around the 10-day and 21-day EMAs while still generating strong opening-range/intraday follow-through. Relative strength versus the indexes appears first, then the stock reclaims highs of day as volume patterns support a sustained move.