TITN trade ideas
$TITN Pullback Buy SetupSweet pullback buy setup in $TITN
The volume pattern during the pullback is not my favorite but the entire setup overall looks good.
TITN - Bullflag BreakoutDaily Chart Breakout above red downtrend line Leading to a formation of a bullflag This will likely lead to a breakout to the upside and start a new stronger bull run
$TITN can rise in the next daysContextual immersion trading strategy idea.
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $34.59;
stop-loss — $30.90.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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TITN one to consider. Going long on break up. Process your way.
from Zacks:
Titan Machinery represents a diversified mix of agricultural, construction, and consumer products dealerships located in the upper Midwest. Their Shared Resource Headquarters is located in the heart of the Red River Valley in Fargo, ND. Titan Machinery is a dealer for Case IH, Case Construction, New Holland, and New Holland Construction. Titan Machinery also represents shortline equipment to meet specialized customer demand and niche product needs.
TITN Reached #ChartPattern Price TargetI have alerted to the breakout here
and the flag setup post breakout here
TITN #Flag Post #SymmetricalTriangle #BreakoutEarning tomorrow but interesting consolidation post symmetrical triangle breakout.
$TITN Breakingout of #2 month #Ascending #TriangleNASDAQ:TITN the day is not over yet but so far, TITN looking like its on its way to breakout of its 2+ month consolidation to the upside. I came across this setup during my weekend research and have not had the chance to share it until now.
Titan Machinery Looking to breakout Up 5% today with strong finish Definitely on my watch list for Monday
H&S top continues to target 2.40 area into earningsstuck in consolidation channel for now. Earnings a catalyst?
cup o machineryI been looking at this stock since for the past 5 or so days. The OBV was the first I noticed. With prices being steady with little range the OBV posted a higher low. After that the EMA 5 crossed the EMA 20 with the OBV moving up and upward momentum building shown by the RSI. I had trouble finding supply and resistance. Instead what I found was a cup formation. The blue indicates that momentarily prices passed 18.60 with huge volume behind it. Lastly the three flags. I don't know if this means anything but RSI, OBV, CMF all hit the price line with a positive movement. I predict that prices may rise to about 21 to 22 in a week or so, using the cup to get a rough estimate. The retrace R84.6 is high, but so is market volatility. good hunting.
