THE BIG LEBOWSKIHere is a bullish play on a name you've probably never heard of unless you love bowling lol. I love bowling. Bowlero Inc is the next MOASS that could put GME/AMC to shame.
Quick stats:
Short Percentage of the Float: 90.4%
Short Interest Ratio/Days to Cover: 11.2
Average Trading Volume (3m): 1,270,749 (High liquidity)
Cost to Borrow: 17%
Chart Analysis and Forecast:
- love this setup, nice momentum that will generate a squeeze (actually just started today)
- Fractal re-accumulation pattern with nearly identical setup as the accumulation pattern that it initially broke out of a few months back
** Initial Target = 17.50 by early-mid April 2024
**** Goal Target = 19-21 by mid May 2024 (up to 50% near-term upside from current price)
Those targets are being conservative, if it breaks above 21 it will go APE.
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Bullish play (not financial advice):
Load the boat with shares, Apr 19 15.00 calls, and May 17.50 calls.
Join the squeeze, its just beginning.