World Fuel Services (INT) has triggered a Breaking Up ALERT! at $42.63. The stock is thinly traded, but has a significant short interest ratio (12.2 days to cover). The company provides aviation fuel and flight plans, weather reports, and other aviation related services to passenger, cargo, and charter airlines, as well as markets marine fuel and fuel management services to shipping companies and the US military.
- The breakout above $42.63 has the potential to squeeze shorts as the price is now in a fast zone
- As the market trend has recently changed, it may be beneficial to buy an initial position above the trigger and then add if confirmed over next add-on level.
- Stops are near $41.16 as that could trigger a Breaking Down ALERT!
- Additions to the position come at $43.05 and $43.75.
- Target $45.40.
Please see important risk disclosures before acting on this ALERT!
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