JAKK is trying to put in what looks to be a breakout on the weekly chart of a downtrend going back to 2012. This stock is also heavily shorted, in excess of 40% of float (april 15th data). The combination of these two may push JAKK higher over the medium term. Initial target is 8.25 and secondary target is 9.50 level. Currently long and will look to add if pulls back to 7.5.
