Sat, Aug 30, 2014, 4:20 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Uni-Pixel, Inc. Message Board

  • vvvvvvrebel89130 vvvvvvrebel89130 Feb 15, 2013 2:12 PM Flag

    "big time short squeeze potential, $25-$27 target" streetdotcom

    Traders should now look for long-biased trades in UNXL if it manages to break out above some near-term overhead resistance levels at $18.87 to $19.67 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 643,079 shares. If that breakout triggers soon, then UNXL will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that move are $25 to $27 a share.

    Traders can look to buy UNXL off any weakness to anticipate that breakout and simply use a stop that sits right around some key near-term support at $16.50 a share. One could also buy off strength once UNXL takes out those breakout levels with volume and then simply use a stop that sits just below $18 a share.

    This stock has big time short-squeeze potential if that breakout triggers soon, since its current short interest as a percentage of its float is crazy high at 28.4%. The float is also very small for UNXL at just 7.97 million shares, so if that breakout hits be ready to play it.

    Sentiment: Strong Buy

 
UNXL
7.73+0.15(+1.98%)Aug 29 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.