RedHotStocks

Signet Jewelers High Risk Into earnings $SIG

Long
NYSE:SIG   Signet Jewelers Limited

Small trade into earnings given the possible upside % return for very small $$$ value.
100% before noteable resistance hit @ $12.20
Much will depend on the commenatry regarding projections and supply chain.
High short interest of 22% must be thinking that time to cover is approaching, shorts will not want to get trapped in a worse case scenario for the stock.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.