Create a Station for Lovable Losers

A recurring theme on this website since the spring months has been the emerging of long-term laggards in the junior marquee space, namely the social media-related junior leaders with some institutional sponsorship, but nowhere close to the likes of AMZN FB. 

Specifically, the likes of P TWTR YELP have all staged something of a turnaround in recent weeks and even months. To be sure, the MSFT for LNKD buyout a few weeks back did not hurt. 

But when we see names like DIS and NKE red today, it sure does smack of some type of value rotation down to the absolute losers and away from multi-year monster winners, at least to some degree. 

Twitter is understandably getting a lot of play today, as is Yelp, for their respective surges. But Pandora is no slouch either here. 

While Pandora may be a generally well-liked online radio platform, it is a hated stock which has acted terribly the last two and a half years, brutalizing one long after the next. And, yet, on the updated daily chart, we can see the potential for a higher low after its recent rally. 

Pandora is still a heavily-shorted stock and is capable of a vicious squeeze, especially if $12 now converts into support and the stock can clear its 200-day moving average, just above.