Next target on IQ $34-$35!?Very nice bullish uptrend. Bought back my June $30 covered calls for a small loss today. Looking to ride this wave up to $45+ :)
IQ
$IQ Tightly Coiled$IQ Tightly Coiled - expecting another strong move this week. Most likely to the upside, target mid-30s.
IQ analysisAccording to FINVIZ right now IQ has a short float of 87.8%
That means of the shares that can be traded right now, 87.8% of them were short when FINVIZ updated that data
that is a lot of shares short....
That is probably why that gap and go circled in green led to such a bullish run.
right now it is at a price where it could possibly bounce, but I would not be surprised to see some more weakness first, especially if so many people were willing to go short
