SC_Trader

TCON Long Idea

Long
SC_Trader Updated   
NASDAQ:TCON   TRACON Pharmaceuticals, Inc.
A lot of good things going on with this ticker. Huge consistent insider buying since March, long term crossovers, accumulation, fading volume after big move, and its a low-float stock. If this is wave 1, expect a push up to $7 dollars and higher. Earnings is on November 10, so it has some time to run before then. I am not a fan of holding into earnings. Too much risk.
Comment:
surpassed the $7 dollar target. Excellent trade for those who took it.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.