Likewise on the lack of need for coffee the past few days! It's been fun to roll out of bed every morning just in time to see the market open to see what happens next in this soap opera…
The only thing I'll be watching for this week is that the RSI doesn't get too hot…the technical guys will tend to start selling if it stays where it's at right now for too long, and we don't want to trip up our momentum. Go back and look at the chart for TITXF for the past year and watch what happens every time the RSI sits above 70 for a period of time to see what I mean. Let's steadily climb to the 52 week high...
Based on the short volume we've seen recently, we're setting up nicely for a short squeeze IMHO if our friends in Toronto can drop another nice PR soon after we see some consolidation at these levels.
Personally, I'm hoping for some news in early July about the progress of the FDA and EU approval, and some info on the plans for human trials (which are just a few months away per the timeline). I am of the opinion that'd be enough to get us into the $4 range for long enough to uplist, and then it's open season once the institutional traders are able to get in and Sherry can start selling the "Titan is the next ISRG" story without first having to broach the topic of this being a penny stock.
As always, just my opinion!
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