$Tiger Brokers(TIGR)$ midday it traded above 200day moving average and hit the 50day moving average resistance and fell back to close just below 200 day moving average. This indicates that there's not enough buying pressure.
$Tiger Brokers(TIGR)$ PE ratio of this stock is at historic lows even when compared to its peers and industry. The company announced 73% YoY Sales growth and nearly tripled its income and earnings per share. Yet, it is unable to close above 200 ma. As soon as it hits that average it drops bacl below it. This shows that it has lost the momentum. Unless it closes decisively above 200 day moving average and 50 ma traders using technical analysis will stay out of this stock, further making it is short-sellers and market makers to manipulate and hold it down until mid Jan.
$Tiger Brokers(TIGR)$ further down side risk is limited. The Q3 earnings growth was very good. 73% YoY revenue growth, nearly 300% income growth. if Robin Hood or Schwab were to have such revenue and profit growth they would trading at 30+ pe multiples. This was knocked out by short sellers and market makers in the option market. January ca
$Tiger Brokers(TIGR)$TIGR reported good quarterly results for Q3 both in terms of YoY and sequential growth in revenue, net income and eps. Yet, it didn't pop like it did in the past. The growth rate of revenue and income is great. I think it will begin its slow climb from here. further gains can only be expected in 2026. This is small company. Yet, they take 2 months to report earnings results after the quarter ends, giving the short sellers and market makers to manipulate the price.
$Tiger Brokers(TIGR)$ 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 $.
$Tiger Brokers(TIGR)$ last 2 weeks stock price fell hard along with total market weakeness and pierced 200 day moving average support, Now the company has announced Q3 earnings release date (Dec. 4) and the stock may start moving higher. However 200ma, falling 50 ma and 11 $ is going be resistance areas. We may have to wait until next year before it hits $13-14 level again assuming general market comes out of correction mode and turns bullish next year. I will be buying this stock to add to my current position next week. Happy trading.
$Tiger Brokers(TIGR)$ 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.
$Tiger Brokers(TIGR)$ 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.
$XPeng Inc.(XPEV)$ This company has close to 700 sales centers worldwide wide. It sells about 42000 cars per month that is about 60 cars per sales center. The company doesn't breakdown sales by country or region. Likewise we don't Know where there sales centers are concentrated. i sold all my shares in this company. I'll wait to see how it is going to do next year before investing again. Happy trading.