(Freshly Squeezed) Why We're Bullish on Making Babies 🐣📈

We've been pounding the table on Walgreens Boots Alliance as one of the best potential short squeezes in the entire market. We nailed it!

The stock rallied nearly 30% on Friday for its best earnings reaction ever. 

This isn't an isolated event. Short sellers are getting squeezed all over the place.

Healthcare is one sector that is particularly ripe for a short squeeze. It's home to some of the most hated stocks in the world.

Stocks like Progyny are precisely what we're looking for, and here's why:

• It failed to resolve a massive distribution pattern, proving this stock isn't a zero (at least not yet).
• With 15% short interest and a 7x days-to-cover ratio, there's plenty of juice to spark a short squeeze.
• Short interest is making new 52-week highs, adding to our conviction in the offside positioning.
• Healthcare stocks are some of the most hated in the market, which adds to its intrinsic short squeeze potential.
• The stock is making new 100-day highs (short-term breakout).

The bottom line is if this stock isn't a zero, then we're going to make a killing on this trade.

Here's the infamous "not a zero" pattern:

Progyny peaked in late 2021 and suffered a nasty drawdown of over 80%.

However, buyers showed up at the same level the stock went public over 5 years ago. 

This is a great example of why we talk about the principle of polarity so much around here. The market has price memory! 

Here's how we're trading the $1.6B baby-making stock, Progyny $PGNY: