Strong Buy on the Hourly and 42% Short interest
Toy maker with license for Disney's "Frozen" movie. Channel Checks show all toys are sold out and Christmas is around the corner. Takeover target for Mattel as well. Watch for the break over $6.74. 42% of outstanding shares are sold short with a 7% hard to borrow rate. looking for a move back to LT trend line above $8 on a squeeze.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.