Salesforce (CRM) reports Street-beating Q2 >>> READ MORE

3 Stocks Primed for a Short Squeeze

Let the bears' folly line your pockets in coming weeks

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Online relationship management leader (CRM) got beat up by more than 10% at one point last week, despite beating EPS and revenue estimates.

Like GameStop, the large number of short positions that have been added to suggests the market already was pricing such a decline into the share price, meaning CRM shares are likely to see buyers enter the mix.

Conveniently, CRM is trading just above support from its 50-day moving average. Expect a short squeeze to move back toward its highs and even shoot toward $60 before year’s end.

As of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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