Hey Gang,

This is pretty much my favorite trading pattern on the planet.

I’m looking at SPRY right now, and everything that matters is screaming at me.

Six A+ squeezes. 37% short float.

Earnings Wednesday. And sitting right on what I call a “woodpecker” pattern – my absolute favorite setup.

When the indexes are cooking like this, making new highs every day, there’s one sector that tends to get massive attention: high short float names.

And SPRY just delivered the perfect combination.

The Super Bowl of Earnings

This week is absolute madness. Microsoft, Apple, Amazon, Meta, Visa, MasterCard – basically every name you’ve ever heard of is reporting.

It’s the Super Bowl of earnings, and that creates something beautiful for traders like us.

When this much attention flows into the market, names with massive short interest become magnets. Especially when they’re sitting on technical setups that look this clean.

Why SPRY Has My Attention

Let me break down what I’m seeing:

The Technical Setup:

• Woodpecker pattern (my favorite reversal structure)
• Six A+ squeezes firing
• Clean breakout structure with defined levels

The Fundamental Catalyst:

• Earnings Wednesday (8/6)
• Massive short interest (37%)
• High attention week driving volume

This isn’t some random gamble. When you get technical alignment plus fundamental catalyst plus market timing, you pay attention.

The Trade Mechanics

For the full details of the trade mechanics, click the image below to get all the details.

The Speed Dating Philosophy

Here’s something crucial: We don’t have to marry these tickers. We can just speed date them.

Too many traders fall in love with their positions. They hold losing trades hoping for miracles and miss the next great setup. That’s not how you make money consistently.

With high short interest names during earnings week, you’re either right quickly or you’re wrong quickly.

If SPRY starts acting differently than expected, I’m out. No emotional attachment. No hoping it comes back.

Risk Management Reality: I’m trading with size that’s immaterial to my overall portfolio. This could go to zero, and that’s why position sizing matters more than being right.

But if it works?

Those A+ squeezes with massive short interest during the biggest earnings week of the quarter? That’s how you capture meaningful moves in short timeframes.

YOUR ACTION PLAN

I’m watching for the move higher into earnings Wednesday.

Any buying pressure should get amplified quickly given the short interest dynamics. The goal is capturing the anticipation move, not gambling on actual results.

With the squeezes already firing and this kind of short positioning, we could see explosive price action.

That’s the opportunity – controlled speculation on technical breakouts during high-attention periods.

This is what earnings week is made for, gang. Clean setups, clear catalysts, and the discipline to move fast when opportunities present themselves.