optionflow

$GOGO - About to Blow

Long
NASDAQ:GOGO   Gogo Inc.
1. Small falling wedge

2. Below S3 Support

3. Short Float - 57.99%

4. 78.20 Institutional Ownership

5. MACD Signal Cross

6. Oversold RSI - Bullish Divergence

7. Williams %R Buy Signal

8. Climactic Selling over 7 days ago


Under accumulation and down 86%. With massive short float and high tute ownership, there is limited supply and will create a massive short squeeze. Trade idea is August $6 Calls at .35

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