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Can Titan Sustain Its Support and Move Higher?
https://preview.redd.it/uxko7lpow9le1.png?width=1280&format=png&auto=webp&s=2c99d9e8bcca00e814ff3bc828f07dc199dbda5c https://preview.redd.it/wtdqzkpow9le1.png?width=1280&format=png&auto=webp&s=c3c82eccabf9f7a8af942b3a5d9d28d768ae4cbb Titan is currently at a crucial support level, showing signs of holding strong. Over the past two days, the stock opened with a gap-down but managed to close positively, indicating strong buying interest at this level. On the hourly timeframe, Titan is forming a divergence pattern and is trading near the 40-hour EMA. If it breaks above the 40-hour EMA and the daily RMI gives a buy signal, Titan could move upward, with the 40-day EMA acting as the next resistance.1
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