If you don't know what a short squeeze is, that is where a stock starts to rise rapidly, and as the trend continues to escalate, the short sellers will likely want out. For example, say a stock rises 5% in one day, those with short positions may be forced to liquidate and cover their position by purchasing the stock. If enough short sellers buy back the stock, the price is pushed even higher.
Of those listed below, pay close attention to O'Charley's (CHUX) which is trying to breakout of a bull-flag, and once that happens, the shorts could start covering their positions in droves. The other stock is CBIZ Inc. (CBZ) which has held up quite well to today's market pressures and has broken out of recent consolidation. Its another one that I think could make a big move.Here's the list of 13 Short Squeeze Stocks..
Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>
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