5 Short-Squeeze Plays Primed for Quick Profits

If you're in the bull camp on RAVN, then I would wait until after its report and look for long-biased trades as long as this stock is trending above its recent low of $25.11 a share with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 128,316 shares as bullish. If we get that action, then look for RAVN to re-test or possibly take out its 50-day moving average of $28.57 a share. I would simply avoid RAVN or look for short-biased trades if after earnings it fails to trigger that move, and then moves back below some key support levels at $25.11 to $24.84 a share with heavy volume. If we get that action, then RAVN will set up to re-test or possibly take out its next major support levels at $22.47 to $21.33 a share post-earnings.

To see more potential earnings short squeeze plays, check out the Earnings Short Squeeze Plays portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.

RELATED LINKS:

>>5 Big Stocks to Trade for Gains This Week

>>5 Stocks With Large Insider Buying

>>Profit From 5 Stocks Everyone Hates

Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

« First ‹ Previous 1 2 3 4 5 6 7