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5 Earnings Short-Squeeze Trade Ideas — Box, Tiffany, More


Another earnings short-squeeze prospect is application software player Box (BOX) , which is set to release numbers on Wednesday after the market close. Wall Street analysts, on average, expect Box to report revenue of $100.64 million on a loss of 19 cents per share.

The current short interest as a percentage of the float for Box is very high at 13.8%. That means that out of 49.53 million shares in the tradable float, 6.87 million shares are sold short by the bears.

From a technical perspective, Box is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending over the last month, with shares moving higher off its low of $13.62 a share to its recent high of $16.12 a share. During that uptrend, shares of BOX have been making mostly higher lows and higher highs, which is bullish technical price action. That uptrend has now pushed this stock within range of triggering a big breakout trade post-earnings above some key overhead resistance levels.

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If you're bullish on Box, 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 $16.12 to its 52-week high of $16.59 a share with high...