Vita Coco (COCO) shares of the small cap beverage producer are sporting a strong high tight bull flag that has stayed near the December heights and closed quite impressively to end the year even with the broad market selling off. COCO has a coiled pattern and MACD nearing a bullish cross for a breakout to new highs that likely could target the 40 level. COCO finished 2024 up about +44% and defying the shorts as it still has a 10% short float, which is down from near 12.5% last summer so potentially fuel for a short squeeze remains.