I would simply avoid GME or look for short-biased trades if after earnings it fails to trigger that breakout, and then drops back below some key near-term support levels at $53.64 a share to its 50-day at $52.83 a share high volume. If we get that move, then GME will set up to re-test or possibly take out its next major support levels at $47 to $42.50 a share, or even its 200-day at $40.46 a share. Best Buy My final earnings short-squeeze play is multichannel consumer electronics retailer Best Buy ( BBY), which is set to release numbers on Tuesday before the market open. Wall Street analysts, on average, expect Best Buy to report revenue of $9.36 billion on earnings of 11 cents per share. Just recently, UBS upgraded shares of Best Buy citing a cost-cutting program that is running parallel to Best Buy's other initiates. Jefferies analyst Daniel Binder also likes the stock, and he just upped his price target by $12 a share to $52 per share. Binder said after big cost cuts and investments in service and its supply chain, he expects a dramatic improvement in the company's performance. The current short interest as a percentage of the float for Best Buy is notable at 6.8%. That means that out of the 278.45 million shares in the tradable float, 18.60 million shares are sold short by the bears. This isn't a huge short interest, but it's more than enough to spark a sharp short-covering rally post-earnings if Best Buy can deliver the earnings news the bulls are looking for. From a technical perspective, BBY 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 $25.66 to its recent high of $44.66 a share. During that uptrend, shares of BBY have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of BBY within range of triggering a big breakout trade post-earnings.