One potential earnings short-squeeze candidate is Angie's List ( ANGI), an operator of consumer-driven services for members to research, hire, rate and review local professionals, which is set to release numbers on Wednesday after the market close. Wall Street analysts, on average, expect Angie's List to report revenue of $59.23 million on a loss of 25 cents per share. The current short interest as a percentage of the float for Angie's List is extremely high at 24.1%. That means that out of the 52.34 million shares in the tradable float, 9.78 million shares are sold short by the bears. This is a large short interest on a stock with a very low tradable float. If the bulls get the earnings news they're looking for, then this stock could easily explode higher post-earnings. >>3 Hot Stocks to Trade (or Not) 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 uptrending strong for the last six months, with shares soaring higher from its low of $11.26 to its recent high of $28.32 a share. During that uptrend, shares of ANGI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of ANGI within range of triggering a major breakout trade. If you're bullish 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 $28 to its all-time high at $28.32 a share with high volume. Look for volume on that move that registers near or above its three-month average action of 1.12 million shares. If that breakout triggers, then ANGI will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $35 to $40 a share. I would avoid ANGI or look for short-biased trades if after earnings it fails to trigger that breakout, and then drops back below its 50-day moving average at $25.43 a share and then below more support at $24.01 a share with high volume. If we get that move, then ANGI will set up to re-test or possibly take out its next major support levels at $23 to $22 a share. Any high-volume move below those levels will then put $19 to $18 into range for shares of ANGI.