work1411

$TTNP - swing idea / Earnings 11/8 - Momentum Play

Long
work1411 Updated   
NASDAQ:TTNP   Titan Pharmaceuticals, Inc.
$TTNP - Earnings Play 11/8'
Currently consolidating and has filled gap. Looking to re-enter as I have bought last week and scaled out on momentum play 10%+; still has more upside.

Insider activity: 78%
finviz.com/quote.ashx?t=ttnp&...
Institutional Own: 2 new position
% Shares Owned: 4.06%
# of Holders: 39
Total Shares Held: 2,637,804
3 Mo. Net Change: 1,204,000
# New Positions: 2
www.reuters.com/fina...al-highlights/TTNP.A

Swing: buy within the orange line / Stop at RED Line
Daytrade: buy at break of HOD - Blue line (watch for volume / RSI 68) - 50dma .42

11/2: Bought today at open - SL is red line (will add within support).

REMEMBER:
1. trade with a plan
2. manage your risk/reward
3. honor your stop loss

Good luck!




Comment:
11/9:
Earnings call is on 11/14. www.titanpharm.com/news/events
Consolidating within the orange line. Still good to buy within support zone. Needs to get over 50dma for more catalyst.

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.