An earnings short-squeeze trade candidate is software and programming player Boingo Wireless ( WIFI), which is set to release numbers on Thursday after the market close. This company provides mobile Internet through Wi-Fi networks globally. Wall Street analysts, on average, expect Boingo Wireless to report revenue of $25.14 million on earnings of 6 cents per share. If you're looking for a small-cap stock that's very close to triggering a major breakout as we head closer to its earnings report, then make sure to take a strong look at shares of Boingo Wireless. >>5 Stocks Poised for Breakouts The current short interest as a percentage of the float for Boingo Wireless is extremely high at 6.7%. That means that out of the 11.44 million shares in the tradable float, 1.20 million are sold short by the bears. This is a decent short interest and very low float stock, so if the company can deliver strong earnings and bullish forward guidance it could easily see a massive short-squeeze. From a technical perspective, WIFI is currently trading above its 50-day moving average, which is bullish. This stock recently bounced off its 50-day moving average with strong volume from $8.41 to its current price of just above $9.40 a share. This strong bounce has now pushed the stock within range of breaking out as we head into the quarter. If you're bullish on WIFI, I would look for long-biased trades after they report if the stock manages to break out above $9.45 to $9.88 with high-volume. Look for volume that's tracking in close to or above its three-month average action of 108,473 shares. If we get that action, I would look for WIFI to trend back towards its next significant overhead resistance levels at $10.95 to $12 a share. I would simply avoid any long-biased trades in WIFI if this stock fails to move above those breakout levels mentioned above post-earnings.