Short squeeze to continue on TUP following the PEG.

Following a strong Q2 results on the beaten TUP, a short squeeze occured bring the stock to a year to date high on July 29th. The short squeeze is likely to continue for Q3 as the company managed to reduce their debt for a cheap price helped by strong sales growth. Tupperware announced expecting strong sales for the remainder of the year. The recent pullback on the stock offers a great opportunity to buy on support arround the 13D or 21D EMA for a target price just slightly under the 17$ mark. This opportunity for a swing trade has around a 5/1 risk-reward ratio with an entry price just below 14$.