MRAM trade ideas
MRAM up 60%+ before March 18thModerately shorted and increasing short float.
Volume profile is settling.
Extremely low market cap for an optionable asset.
Before March 18th, we could see an increase of at least 60% as some shorts cover.
Using options so time is the only SL.
First target is roughly $11.90
Everspin Technologies, pivot point $5.50Everspin Technologies, Inc. engages in the provision of magnetoresistive random access memory (MRAM) solutions. Its products include Toggle MRAM, Spin-transfer Torque MRAM, nvNITRO Solutions, and Embedded MRAM. The company was founded by Saied Tehrani in June 2008 and is headquartered in Chandler, A..