This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Poised to Pop on Bullish Earnings

Jive Software

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Another potential earnings short-squeeze play is social business software platform provider Jive Software (JIVE - Get Report), which is set to release its numbers on Tuesday after the market close. Wall Street analysts, on average, expect Jive Software to report revenue of $31.15 million on a loss of 15 cents per share.

Just this morning, Credit Suisse reccomended Jive Software as a buy, with a $20 price target, ahead of its earnings report.

>>3 Big Tech Stocks to Trade (or Not)

The current short interest as a percentage of the float for Jive Software is extremely high at 29.9%. That means that out of the 27.02 million shares in the tradable float, 6.27 million shares are sold short by the bears. The bears have also been increasing their bets from the last reporting period by 4.9%, or by about 293,000 shares. If the bears are caught pressing their bets into a strong quarter, then we could easily see a big short-squeeze develop post-earnings.

From a technical perspective, JIVE is currently trending above its 50-day moving average and below its 200-day moving average, which is neutral trendwise. This stock has been uptrending strong for the last three months, with shares soaring from its low of $10.63 to its recent high of $15.86 a share. During that uptrend, shares of JIVE have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of JIVE within range of triggering a major breakout trade post-earnings.

If you're in the bull camp on JIVE, then I would wait until after its report and look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at $15.80 to $15.86 a share and then once it clears its 200-day moving average at $16.36 a share with high volume. Look for volume on that move that registers near or above its three-month average volume of 660,403 shares. If that breakout triggers, then JIVE will set up to re-fill some of its previous gap down zone from last August that started near $19.89 a share.

I would simply avoid JIVE or look for short-biased trades if after earnings it fails to trigger that breakout, and then drops back below its 50-day at $14.46 and more support levels at $14.28 to $13.86 a share with high volume. If we get that move, then JIVE will set up to re-test or possibly take out its next major support levels at $13 to $12.76 a share.
3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
ABMD $94.14 -1.50%
HAIN $58.81 -0.73%
GMCR $57.45 1.60%
JIVE $4.61 -0.43%
RLD $10.06 2.20%


Chart of I:DJI
DOW 16,374.76 +23.38 0.14%
S&P 500 1,951.13 +2.27 0.12%
NASDAQ 4,733.4970 -16.4820 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs