$Stitch Fix (SFIX.US)$ The recent ER has seen a surprise of 256% and a sharp gap up. Shorts will be forced to cover their positions in the next few days and the shorts are above 15% of the float. Not a long term hold, of course.
The big spike on volume also is a favorable indicator.
The big spike on volume also is a favorable indicator.
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$SPDR S&P 500 ETF (SPY.US)$ The ETF peaked at 454 before consolidating. The uptrend from last March was broken. The immediate support level is 422 before the major support cluster in the 400 area.
The two gaps, one is at 400 and another is at 398, are also near the key 400 level.
The two gaps, one is at 400 and another is at 398, are also near the key 400 level.