Good morning, SqueezeFinders!
The price action on the $QQQ tech index showed the PPT is starting to do their job after a small jump of 0.65% to close at 687.99. If thr bulls can reclaim the 695 level and the 700 psychological level, then we can soon become more optimistic about the overall market environment and squeeze candidates’ strength. If we fall under 680, we can expect a likely resumption/continuation of the short-term downtrend we've been enduring as of late. The main directional sentiment determinants today are a mix of the below-detailed economic data releases, any further developments in the Middle-East, and also $PLTR and $SNAP earnings reports in after-hours. This market is very dynamic and has been unpredictable as far as risk-tolerance goes, as one day we're running, and the next we're crashing. Stay tuned for what's squeezy. Regardless of broader market sentiment, you can always locate relative strength by checking SqueezeRadar to track irregularities in our data, and find winners you may not have spotted before without our scanners.
🥇 Gold: \~$4,050/oz (-1.5%)
🥈 Silver: \~$58/oz (-2.0%)
🪙 Bitcoin: \~$63.1k/coin (+0.5%)
🛢️ Oil: \~$84.50/barrel (-1.0%)
Today's economic data releases are:
🇺🇸 S&P Global Manufacturing PMI (Jul) @ 9:45AM ET
🇺🇸 ISM Manufacturing PMI (Jul) @ 10:00AM ET
🇺🇸 ISM Manufacturing Employment (Jul) @ 10:00AM ET
🇺🇸 ISM Manufacturing Prices (Jul) @ 10:00AM ET
🇺🇸 Construction Spending (Jun) @ 10:00AM ET
🇺🇸 Atlanta Fed GDPNow (Q3) @ 11:30AM 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. $SOC
Squeezability Score: 42%
Juice Target: 16.9
Confidence: 🍊
Price: 5.29 (+18.1%)
Breakdown point: 4.8
Breakout point: 5.4
Mentions (30D): 2
Event/Condition: Strong operational performance and strategic advancements in key markets driving revenue growth and market share gains + analyst upgrades citing improved fundamentals and positive industry tailwinds + successful execution of growth initiatives positioning the company for accelerated expansion and profitability + Recent price target 🎯 of $12 from Roth Capital + Recent price target 🎯 of $10 from Canaccord Genuity + Recent price target 🎯 of $14 from Benchmark
5. $RNG
Squeezability Score: 41%
Juice Target: 76.1
Confidence: 🍊 🍊
Price: 55.62 (+4.0%)
Breakdown point: 50.0
Breakout point: 59.0
Mentions (30D): 5
Event/Condition: Q2 2026 earnings beat with revenue of $657 million up 5.9 percent year-over-year and strong subscription growth plus raised full year guidance + announced 67 percent dividend increase to $0.125 per share demonstrating commitment to capital returns amid AI-powered customer engagement momentum + 13 percent of ARR now from native paid AI products doubling year-over-year highlighting successful product pivot + Recent price target 🎯 of $60 from Morgan Stanley + Recent price target 🎯 of $55 from Piper Sandler + Recent price target 🎯 of $58 from B. Riley
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
