CalvinCougar
2022-03-21

Is it A bearish or Bear traps

$Tiger Brokers(TIGR)$

$Futu Holdings Limited(FUTU)$

Last week these two shares rose more then 50% so now should sell and collect profits or continue holding as this is a bullish chance and going back to where it was in last year 1st Q1, where the created the 52 weeks record high. With all the positive news in last week this cannot be any better time for bearish moments on the other hand the war of Russia and Ukraine and China refused to sanction Russian and thus created further tensed with US and US force closing Tlecoms company own by China and creating further tension between the 2 big giant thus this could possibly be a Bear trap [Tongue] .. 


So I sold half of my holding to collect profits and keep the half for bigger pie in case it was going to the moon.. 

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Comments

  • bubblyx
    2022-03-21
    bubblyx
    I think TIGR's performance better than FUTU.
    • CalvinCougar: 
      well FUTU Shortie's are still attacking it as the price us still looking great to them, while Tiger shorts mostly has buy back.. see their shortable balance.
  • BarbaraWillard
    2022-03-21
    BarbaraWillard
    Why price of Futu is much more higger than Tiger ?Just curious about this.
    • CalvinCougar: 
      well basically FUTU are a bigger company with bigger market cap.
  • WeiMin
    2022-03-22
    WeiMin
    get in before too late!
  • vippy
    2022-03-21
    vippy
    Would you invest in these two stocks?
    • CalvinCougar: 
      yes, currently their price at the lower end where it's a good buy but due to there's a conflict between China and US trades issues this stocks are a bit risky but higher risk brings higher profits.
  • MaudNelly
    2022-03-21
    MaudNelly
    Hope Tiger broker will have a better increase on this week with more users join. Is this a good time to buy?
  • LeonaClemens
    2022-03-21
    LeonaClemens
    Good choice. I think sell some holding and hold some stock would be a better investment skill for some stock you like.
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