SC_Trader

TCON Long Idea

Long
SC_Trader Updated   
NASDAQ:TCON   TRACON Pharmaceuticals, Inc
A lot of good things going on with this ticker. Huge consistent insider buying since March, long term crossovers, accumulation, fading volume after big move, and its a low-float stock. If this is wave 1, expect a push up to $7 dollars and higher. Earnings is on November 10, so it has some time to run before then. I am not a fan of holding into earnings . Too much risk.
Comment:
surpassed the $7 dollar target. Excellent trade for those who took it.

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