Bullishcharts

IROBOT reversal trade

Long
NASDAQ:IRBT   iRobot Corporation
Entry level $53 = Target price $63 = Stop loss $49
Major short squeeze potential for the stockwhich has looked to have found a bottom.
P/e ratio 16.54
Short interest = 46.23% which is huge for such a well known brand

Average Recommendation: Hold Average Target Price:$53.33
01 BUY
00 OVERWEIGHT
07 HOLD
01 SELL

Company profile
iRobot Corp. is a robot company, which engages in designing and building robots. Its products include robot vacuums, robot maps, and pool cleaners. The company was founded by Rodney Allen Brooks, Colin M. Angle and Helen Greiner in August 1990 and is headquartered in Bedford, MA.

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