This Cup-and-Handle Pattern Has 31% Short Interest Ready to Explode

Alright gang,
While the S&P 500 keeps grinding sideways like it’s stuck in molasses, I just spotted a setup so clean it made me pull the trigger this morning before I even finished my coffee.
I’m talking about HIMS – a stock with a 31% short float sitting right underneath a picture-perfect cup and handle pattern with a daily squeeze that’s coiled tighter than a spring.
Here’s the kicker: I liked this setup so much that I bought calls this morning and I’m about to tell you exactly why this could be your next big winner…
The Setup That Has Me Loading Up On July Calls
Man, look at this daily chart on HIMS.
What you’re seeing here is trading textbook material – a beautiful cup and handle formation that’s taken months to develop, sitting right at the highs with virtually no overhead resistance.
But here’s what really caught my attention: that daily squeeze indicator is compressed and ready to fire. When you combine that with the high short interest, you’ve got the makings of a potential explosive move higher.
Think about it – nearly one-third of the float is sitting there short, just waiting to get squeezed if this thing breaks out above the pattern.
Want To See The Exact Chart Analysis That Convinced Me To Buy?
Look, I can tell you all day about cup and handle patterns and daily squeezes, but there’s nothing like seeing me break down this chart live, pointing out every single detail that made this a “must-buy” setup.
In the video below, you’ll watch me analyze the HIMS chart in real-time – the same way I did this morning before I placed my order.
You’ll see exactly:
- How I identified that textbook cup and handle formation on the daily chart
- Why that 31% short float is like having a loaded spring ready to explode
- The specific price levels I’m watching for the breakout (and where I’d bail if I’m wrong)
- My exact reasoning for choosing the July $55 calls over shorter-dated options
- How I use the daily squeeze to time these entries and why it’s flashing “buy” signals right now.
👇 Click below to watch my complete HIMS chart breakdown 👇
YOUR ACTION PLAN
The beauty of this setup is its simplicity. We’ve got a clear pattern, defined risk, and obvious upside targets.
The key here is patience. Don’t try to time this to the minute – let the daily squeeze fire and the pattern break, then ride the momentum higher.
A few years ago, I would have missed this opportunity entirely. Not because of a lack of skills or being lazy. But because I would have to mainly sift through charts to find setups I liked.
Nowadays, I am able to find the setups that best fit my criteria in a matter of seconds. All thanks to an AI-powered tool called S.A.M.
It’s been a total game-changer.
I’ve been able to nail some quadruple-digit returns on options trades from the setups it found me.
I could go on and on about it, but I’d rather show you how awesome it is LIVE.
That’s why I’m doing a live demo of my AI-powered tool, S.A.M. this Wednesday, June 11th at 2 PM EST.
If you want to find more setups and trading opportunities then you must check this out.
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