New Short Squeeze Trade Added (SPWR)
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Good evening traders. I have a new high conviction trade.
SPWR SunPower is the most highly shorted stock on the market and today has given me the sign to enter in a new trade in this name.
If you missed my article yesterday, S3 Data and MarketWatch both show SPWR at 83% short interest making it the most highly shorted stock on the entire market.
There was also call flow today in the April $3 strike:
The chart is also primed for a breakout here and I am expecting this to run.
PT $3.65 SL $2.84
Thanks for reading,
Adit Dayal