Industrial Internet of Things (IIoT) platform Samsara Inc (NYSE:IOT) is up 0.4% to trade at $33.60, with a 23% year-over-year deficit. Recent losses have the software stock testing a historically bullish long-term trendline. IOT is within 3% of its 40-month moving average and has shown strong signals in the past.

Short interest in IOT is up 3%, with 23.51 million shares sold short accounting for nearly 7% of the total available float. Options are a good way to speculate on Samsara stock’s next moves, as its Schaeffer’s Volatility Scorecard (SVS) of 70 out of 100 indicates consistently higher volatility than options have priced in.

Read more at Yahoo Finance: Long-Term Bullish Signal Hasn’t Failed Samsara Stock