Titan Pharmaceuticals, Inc.
Long
Updated

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

109
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&ty=c&ta=1&p=d
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
reuters.com/finance/stocks/financial-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!




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

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