We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
Some of the best coils in the market remain in the consumer staples corner.
Here’s today’s standout:
BJ’s Wholesale Club Holdings $BJ is currently exhibiting a Squeeze Score of 90.10 and an even tighter Long-Term Squeeze Score of 97.
Here's what the chart looks like:
BJ’s is exhibiting all the hallmarks of a textbook volatility squeeze setup.
As price works to reverse trend, volatility on the daily Strazza Indicator is beginning to expand, while weekly Strazza volatility remains compressed near multi-month lows.
A breakout on strength above the all-time high AVWAP could ignite an aggressive rally.
