https://preview.redd.it/ncpr6pe7c95h1.png?width=2104&format=png&auto=webp&s=caff54553c6d7db44982679bb460cc8e7de12164
Good morning, SqueezeFinders!
The usual pattern repeats with another new all-time high print on the $QQQ tech index yesterday of 748.65, but it was a red close led by re-escalation of geopolitical tensions in the Middle-East that prompted pretty aggressive pullbacks on a lot of squeeze candidates. Depending on how much tensions escalate, we could be finally ready to see some profit taking accelerate from this record-breaking rally we've been witnessing. Also the changes to PDT for smaller accounts is taking hold, so we will likely see even higher volatility from millions of traders with smaller accounts buying and selling more frequently. The $QQQ tech index could easily fall back to test 720-700 range if things don't improve, or if we don't see a sufficient positive market catalyst in the coming days, although large tech stocks all remained green yesterday while the broader market higher beta plays took the brunt of the hit. The main directional sentiment determinants today are a mix of the below-detailed economic data releases, ongoing developments in the Middle-East. Regardless of broader market sentiment, you can always locate relative strength by checking SqueezeRadar to track irregularities in our data, or check out our automated trading robot, SqueezeBot to get an edge on the market without having to stare at the screen all day long.
🥇 Gold: \~$4,480/oz (+0.8%)
🥈 Silver: \~$74/oz (+1.0%)
🪙 Bitcoin: \~$64.5k/coin (-2.9%)
🛢️ Oil: \~$95.30/barrel (-0.8%)
Today's economic data releases are:
🇺🇸 Initial Jobless Claims @ 8:30AM ET
🇺🇸 Nonfarm Productivity (Q1) @ 8:30AM ET
🇺🇸 Unit Labor Costs (Q1) @ 8:30AM ET
🇺🇸 Continuing Jobless Claims @ 8:30AM ET
🇺🇸 FOMC Member Daly Speaks @ 1:10PM ET
📙Breakdown point: BELOW this price, the move will lose momentum significantly in the short-term, as shorts will gain confidence encouraging them to short more. Reducing probability of a squeeze without a catalyst.
📙Breakout point: ABOVE this price, the move will gain momentum significantly in the short-term, as shorts losses will increase pressuring them to cover. Increasing the probability of a squeeze occurring, especially if with a catalyst.
4. $TGTX
Squeezability Score: 46%
Juice Target: 95.8
Confidence: 🍊
Price: 40.11 (+9.5%)
Breakdown point: 37.0
Breakout point: 46.5
Mentions (30D): 0 🆕
Event/Condition: Strong Q1 results featuring robust BRIUMVI sales performance leading to significantly raised full year revenue guidance and reinforced commercial momentum + positive topline readout from the Phase 3 ENHANCE trial validating convenient single Day 1 infusion regimen that could expand patient access and market adoption + compelling post-hoc data from ULTIMATE trials demonstrating enhanced efficacy in treatment naive patients further solidifying BRIUMVI as a leading MS therapy with multi-billion dollar potential + Recent price target 🎯 of $70 from HC Wainwright + Recent price target 🎯 of $55 from B. Riley Securities + Recent price target 🎯 of $60 from Cantor Fitzgerald
5. $FRVO
Squeezability Score: 44%
Juice Target: 82.6
Confidence: 🍊 🍊 🍊
Price: 39.97 (+6.2%)
Breakdown point: 36.0
Breakout point: 42.7
Mentions (30D): 0 🆕
Event/Condition: Successful upsized IPO at $27 per share raising nearly $1.9 billion providing substantial capital to accelerate the Cape Station project and broader enhanced geothermal deployment + strong post-IPO trading debut with shares jumping over 35 percent reflecting robust investor enthusiasm for next-generation clean baseload power solutions amid surging AI energy needs + confirmation that the recent Utah plant equipment issue was quickly contained with operations continuing on schedule for commercial production later this year + Recent price target 🎯 of $42 from Jefferies + Recent price target 🎯 of $45 from Roth Capital + Recent price target 🎯 of $40 from Piper Sandler
Gain access to all our cutting-edge research tools, live watchlists, alerts, and more: [https://www.squeeze-finder.com/subscribe](https://www.squeeze-finder.com/subscribe)
HINT: Use code RDDT to get your first month for just $10!
NOT FINANCIAL ADVICE, THESE POSTS ARE FOR INFORMATIONAL PURPOSES ONLY