Price pulled back from ~$13.55 highs to around $10 now, that’s a ~25% correction after a big run-up. Profit-taking is normal, but here’s why I think this sets up well for a rebound trade:
• Valuation: P/E is around 14–15× (down from ~18× earlier). Cheaper now compared to fintech peers.
• Technical: RSI sitting mid-50s → not overbought, not oversold, giving room to bounce.
• Support: $10 is a strong psychological + chart support. If it holds, upside could push to $11.50–12.00 near term.
• Catalysts: Retail volumes can come back quick, and TIGR adding new features (AI assistant, better margin tools) keeps the platform sticky.
Of course, if $10 fails, watch out for $9.80/$9 support. But risk/reward looks solid: risking a small downside for 10–20% bounce potential.
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