https://preview.redd.it/ldk35qozz3fg1.png?width=2104&format=png&auto=webp&s=5865cdaf11219a5f4fa0cf42072eb0d6f30d704d
Good morning, SqueezeFinders!
The $QQQ tech index closed yesterday at 620.76 (+0.73%), which leaves us onde again smack dab in the middle between the lower pivot at 613 and the upper pivot at 627/629. If the bullish recovery continues at the current pace, we could see a push back towards that upper pivot. However, if we do lose 613 again, I would think a very rapid test of 600 will present. The main directional sentiment determinants are the below-detailed economic data releases. Bitcoin is trading around \~$90k/coin, spot Gold is rocketing to new all-time highs of \~$4,960/oz, and spot Silver is soaring to \~$98.7/oz. Regardless of broader market conditions, you can always locate relative strength by tapping/clicking the column headers to sort the live watchlist in descending order of whichever data metric is important to you. Make sure to check out our other tools like AI trade planner, AI watchlist, SqueezeRadar, Advanced Filters, and Theme sorting. The SqueezeFinder developer team is working behind the scenes to bring powerful new tools to the platform to maximize research capabilities.
Today's economic data releases are:
🇺🇸 S&P Global Services PMI (Jan) @ 9:45AM ET
🇺🇸 S&P Global Manufacturing PMI (Jan) @ 9:45AM ET
🇺🇸 S&P Global Composite PMI (Jan) @ 9:45AM ET
🇺🇸 Michigan 1-Year Inflation Expectations (Jan) @ 10:00AM ET
🇺🇸 Michigan Consumer Expectations (Jan) @ 10:00AM ET
🇺🇸 Michigan Consumer Sentiment (Jan) @ 10:00AM ET
🇺🇸 Michigan 5-Year Inflation Expectations (Jan) @ 10:00AM ET
🇺🇸 US Leading Index (Nov) @ 10:00AM ET
🇺🇸 U.S. Baker Hughes Oil Rig Count @ 1:00PM ET
🇺🇸 U.S. Baker Hughes Total Rig Count @ 1:00PM 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. $LMND
Squeezability Score: 54%
Juice Target: 175.9
Confidence: 🍊 🍊 🍊
Price: 96.57 (+13.13%)
Breakdown point: 85.0
Breakout point: 100.00
Mentions (30D): 1
Event/Condition: Long-term bullish momentum + Big rel vol ramp + Q3 earnings beat with $194.5M revenue gross profit surging 113% YoY to $80M and full-year guidance raised reflecting accelerating IFP growth customer additions and improved margins from AI-driven efficiencies + board addition of Meta’s VP of AI Products enhancing strategic oversight on advanced tech integration for underwriting and claims + launch of Autonomous Car insurance slashing rates 50% for Tesla FSD miles in collaboration with Tesla data integration boosting car segment potential and safety-based pricing innovation + Recent price target 🎯 of $98 from Truist Securities + Recent price target 🎯 of $92 from Cantor Fitzgerald + Recent price target 🎯 of $80 from Citizens.
5. $UMAC
Squeezability Score: 46%
Juice Target: 23.4
Confidence: 🍊 🍊 🍊
Price: 18.30 (+7.96%)
Breakdown point: 16.0
Breakout point: 21.7
Mentions (30D): 13
Event/Condition: Sector laggard to $RCAT/$ONDS previously mentioned squeeze candidates + Potential cup & handle technical pattern playing out on the 2Y time-frame + Don Trump Jr. on board + Q3 revenue growth +39% YoY with first profitable quarter and strong gross margins + major $3.75M order from Performance Drone Works supporting PDW's AM-FPV program scaling + $2.1M drone component order boosting visibility in government and defense demand for NDAA-compliant U.S.-made parts + leadership addition of CRO Stacy Wright to accelerate revenue expansion + Recent price target 🎯 of $20 from Needham + Recent price target 🎯 of $20 from Jones Trading + Recent price target 🎯 of $20 from Needham (reiterated).
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