Through out my time swing trading i have found that there are some desecrate tools and information i must look at in each equity before i make my final decision, certain criteria like Short interest , days to short , SQZMOM indicator along with a sweet chart that channels up. 1. it all starts at finviz where i search up stocks that fall under the lower priced...
-as a result of shorts buying back because of good earnings ACCO looks like it will extend to its last breakout
See more @ www.quantifiedalpha.com ACCO has gapped higher on the last two earnings releases (7/30/14 & 10/29/14) after beating EPS estimates by 12% & 20% respectively. The stock is consolidating once again prior to earnings, and looks conducive to a third earnings gap when they release on February 11th. This looks like an optimal trading entry, as there looks...
Hit the bottom of the channel. Been tested a couple of times.
Sitting on the bottom rail of a multi-year bullish channel. 15% of the float is sold short, so a short squeeze could help propel this thing higher. I would enter at current levels at $6.75, with a stop on a daily close below $5.50 and a target of $13.00 creating an effective risk:reward ratio of 5:1