$Tiger Brokers(TIGR)$ 50 day moving average is below 200 day moving average. This generally indicates bearish bias. Recent attempt to rally met with strong sell off near $11. This stock will continue to be hit by short sellers and investors who wants reduce their holding at any attempt to rally until 50 day moving average closes again above 200 day moving average.
I have not seen any news of this company participate in or hold investor conferences. As a result it doesn't attract big institutional investors.
Without a miracle, this stock will remain near its current price or fall back to $8-$9 and it will probably take many months before it can even reach $12-13.5 it reached in September of last year.
Trade with caution.
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