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iRBT: Primed for Massive Growth

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iRobot has one of the better looking charts in the market. ABC correction is over and sitting right above it's 50 Day MA on the monthly. With robtics just beginning to go mainstream, iRobot is primed for huge growth, already owning 60% of it's market. iRBT CEO purchased a 6% stake in the company at the end of May.

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Correction: CEO purchased a 6% stake in February

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Short Interest: 40.65% as of 05/15/18. The higher the short interest, the more fuel for the bulls

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Up 30% so far and another opportunity is ahead of us. IRBT has high potential for a large short squeeze beginning as soon as next week.

Short Interest: 42%
Short Interest Ratio: 20.5

I haven't seen a stock with such deadly potential in quite some time.

Start accumulating/adding to your position as soon as Monday. Your entry zone is on the chart below and the short squeeze targets are as labeled.

This should be fun :)

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Short Squeeze in progress on earnings beat. Enjoy your gains :)

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T1 hit. Next target = $99

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iRobot is up 65% in the last two months and I believe the run is only just beginning. I am raising my 12 month targets to -- T1: $220 and T2: $300 although there will be volatility on the way.

Expect IRBT to be a top, if not THE top, performer in the Nasdaq over the next 12 months.

Buy ALL weakness over the next 6-9 months.

Enjoy your gains as always and Good luck :)

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s3.amazonaws.com/tradingview/snapshots/z/z6LVdQ1L.png

iRobot Next Move Target: A Straight shot to $150's

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Up 100%. Snipe.

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^that's a error trading open