Shares of Duolingo Inc (DUOL) are down 4.7% at $360.67, extending a recent slide. The stock is 11% higher year-to-date but far from its record high of $544.93 on May 14. DUOL is close to its 200-day moving average, historically signaling a bullish opportunity for buyers.

With DUOL trading close to its 200-day moving average, historical data suggests a potential 26.2% gain in the next month, bringing the stock back up to $455. Short interest is at 6.1% of the float, hinting at a possible short squeeze. Options trading sentiment is negative, providing potential for a reversal in direction.

Read more at Yahoo Finance: Duolingo Stock Posing Attractive Entry Points for Bulls