Titan Machinery Inc (TITN)

[Minding]

FYI from Fidelity just now:

Titan Machinery technical comments before earnings
FLY ON THE WALL 2:53 PM ET 9/8/2014
The shares have been in a strong downtrend for the last three months, losing more than 23% of their value. That downtrend is however the second leg of a much larger downtrend that began in March 2013. There is a large percentage of the float short in the name, but that has been typical of the shares in the prior year and is at the lower end of where that percentage has been over the period. Given the sharp decline in shares combined with 29% of the float short there could however be a short-squeeze if news exceeds low expectations. A move above $14 would break the current downtrend, with resistance above at $14.60. If the news is weaker than expected, next support would be at $12.12 which is the 52-week low. Support below that level is at $11.54.