I would simply avoid FIO or look for short-biased trades if after earnings it fails to trigger that breakout and then drops back below its 50-day at $16.14 and then below some more near-term support at $15.50 a share with high volume. If we get that move, then FIO will set up to re-test or possibly take out its next major support levels at $14.31 to $13.98 a share. Any move below $13.98 would then push FIO into new 52-week low territory, which is bearish technical price action. Angie's List Another potential earnings short-squeeze play is member-generated ratings and reviews solutions provider Angie's List ( ANGI), which is set to release its numbers on Wednesday after the market close. Wall Street analysts, on average, expect Angie's List to report revenue of $51.54 million on a loss of 17 cents per share. Earlier today, Needham said it expects Angie's List first-quarter results to meet or top its estimates. The firm reiterates its buy rating on the stock and raised its price target ahead of the numbers to $24 from $20. >>5 Rocket Stocks to Buy as Stocks Bounce The current short interest as a percentage of the float for Angie's List is very high at 19.8%. That means that out of the 52.05 million shares in the tradable float, 7.68 million shares are sold short by the bears. The bears have also been increasing their bets from the last reporting period by 1.4%, or by about 102,000 shares. If the bears get caught pressing their bets into a strong quarter, then shares of ANGI could explode higher post-earnings. From a technical perspective, ANGI is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been trending sideways for the last two months, with shares moving between $18.15 on the downside and $21.16 on the upside. A high-volume move above the upper end of its recent sideways chart pattern could trigger a big breakout trade for shares of ANGI post-earnings. If you're in the bull camp on ANGI, 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 $21 to $21.16 a share with high volume. Look for volume on that move that hits near or above its three-month average volume of 799,239 shares. If that breakout hits, then ANGI will set up to enter new 52-week-high and all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $25 to $27 a share.