Option Investor
New Plays
Printer friendly version
New Plays
Long Plays
Short Plays
TWI None

New Long Plays

Titan Intl - TWI - cls: 26.11 chg: +0.39 stop: 24.89

Company Description:
Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles and trailers) applications. (source: company press release or website)

Why We Like It:
Shares of TWI have been showing relative strength for a while now. The current rally ran into trouble near $26.00 in early March but the bullish trend of higher lows is about to blossom into a breakout higher. We are suggesting readers buy the stock on a new high. Our trigger is at $26.25. If triggered our target is the $27.90-28.00 range. We are going to try and limit our risk with a stop loss at $24.89. More aggressive traders may want to use a wider stop.

Picked on April xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 04/23/07 (unconfirmed)
Average Daily Volume: 339 thousand

New Short Plays

None today.

Premier Investor New Play Archives