$Tiger Brokers(TIGR)$ unbelievable price. Strong support @200 day moving average. I bought 1000 shares @9.05$. I bought 10 Jan $10 strike at 1.05 per contract. This will go back to 12-14 $ by the year ends. looking for a nice 30-40% profit. Happy trading and Happy Friday.
$Tiger Brokers(TIGR)$ Today FUTU an Hong Kong based online brokerage and wealth management company announced its Q3 earnings- 86% revenue growth and 136% net income growth YoY. I am expecting another great Q3 numbers from TIGR as well. The stock dropped back 200ma as market selloff continued. I am still holding January 10 calls. I am thinking that market will stabilize or find a floor in 1-2 weeks, and rally again till the end of this year, if we don't get hit with any political or federal reserve surprises. Market sell offs gives opportunities to buy the best stocks at great discount and profit hugely from it. Happy Trading.
$Tiger Brokers(TIGR)$ the battle between short bears and bulls has begun as the stock hit the resistance level $11 range. a successful close above the resistance for 2-3 days is positive. It will then test the next resistance level around $13-$14 level, that is 25-30% profitablilty chance. As with any stocks, any bad news can easily take this stock below $10. Trade this stock with caution.
$Tiger Brokers(TIGR)$ the longer they wait to announce the date for earnings release it appears that this will keep going down as supports are broken. It is more than 6 weeks since the quarter ended. At least they can announce the date of there earnings release to calm the nerves.
$Tiger Brokers(TIGR)$ tomorrow is earnings release for the 3rd quarter. It has been quiet for last 4 weeks after it pulled back to close below 50 day moving average. 200 day moving average provided strong support during its decline form 13.55$. 50 day moving average acted as strong resistance twice in last 5 weeks. Volume is very light and half of below 50-day and 20-day average. If they deliver another strong quarterly results as they did for the last 3 quarters then it will pop tomorrow. Happy trading.
$Tiger Brokers(TIGR)$ it dropped below the support @ $9. Next support is around $8. Looks like we will get there before the company announces its Q4 earnings.
$XPeng Inc.(XPEV)$ October deliveries 42013. M2M increase ~1% that is less than what we have seen earlier during the year. YoY is less than 100+% that we saw earlier. Overall, not a blow out number to take the stock higher. The price may hold in this area or fall slightly until earnings release. Unless the delivery numbers increase to 5-6% month2month, this stock will trade between $19-$24. They are opening sales in many countries, that will increase operations cost, hopefully the sales picks up briskly compared to cost of operations.
$Palantir Technologies Inc.(PLTR)$ Another good quarter in terms of revenue, profits ans EPS. Not a blow out quarter like that of AMZN. It may trade between 175-207 for a while.
$Tiger Brokers(TIGR)$ the stock has traded below 200day moving average for last couple of weeks. Technically In bearish territory. It appears that this stock manipulated by short sellers (mostly maket makers). January calls Open Interest volume is ~300k equivalent of 30 million shares. Unless this company reports a blow out quarterly results and announces growth for next year that is similar to that of this year, it will take more time to get past 13-14 $.
$Tiger Brokers(TIGR)$ My earlier post regarding the earning release wasn't correct. Earnings release didn't happen today. I was mislead by some website to think it was going to be released today. Please disregard my earlier post on earning release. Thanks