Another potential earnings short-squeeze trade is branded footwear, apparel and licensing player Wolverine World Wide ( WWW), which is set to release its numbers on Tuesday before the market open. Wall Street analysts, on average, expect Wolverine World Wide to report revenue of $631.52 million on earnings of 55 cents per share. The current short interest as a percentage of the float for Wolverine World Wide is pretty high at 10.9%. That means that out of the 44.90 million shares in the tradable float, 5.29 million shares are sold short by the bears. Any bullish earnings news could easily spark a decent short-covering rally for shares of WWW post-earnings. >>3 Tech Stocks Spiking on Big Volume From a technical perspective, WWW is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last few weeks, with shares ripping higher off its 200-day moving average at $42.83 to its recent high of $46.80 a share. During that uptrend, shares of WWW have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of WWW within range of triggering a near-term breakout trade post-earnings. If you're in the bull camp on WWW, 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 at $46.80 a share and then once it takes out its 52-week high at $47.99 a share with high volume. Look for volume on that move that hits near or above its three-month average volume of 511,000 shares. If that breakout his, then WWW will set up to enter new 52-week-high territory above $47.99, which is bullish technical price action. Some possible upside targets off that breakout are $55 to $60 a share. I would simply avoid WWW or look for short-biased trades if after earnings it fails to trigger that breakout and then drops back below some near-term support levels at $45.50 to $45 a share with high volume. If we get that move, then WWW will set up to re-test or possibly take out its next major support levels at its 50-day moving average of $43.73 to its 200-day moving average at $42.85 a share.