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11-22

$First BanCorp(FBP)$ Let the move begin...πŸ“ˆπŸ”ΊπŸ…±οΈπŸ†„πŸ…»πŸ…»πŸ…ΈπŸ†‚πŸ…·πŸ”ΊπŸ“ˆ

Mean 🎯 Price: $22.83 with an 11.29% upside potential!

@Barcode：
$First BanCorp(FBP)$ πŸ“ˆπŸ”ΊπŸ…±οΈπŸ†„πŸ…»πŸ…»πŸ…ΈπŸ†‚πŸ…·πŸ”ΊπŸ“ˆ I’m gearing up to open positions in Monday’s pre-trading (11Nov24, NZ πŸ‡³πŸ‡Ώ time) to capitalise on this setup before the potential breakout! πŸ”₯πŸš€ πŸš€πŸš€πŸš€ FBP - The Parabolic Surge Begins! πŸš€πŸš€πŸš€ Kia ora Tiger traders! First BanCorp (NYSE: FBP) is setting up for a rocket-fueled run, and the charts are hinting at a parabolic lift-off! Buckle up as we break down FBP’s latest earnings, financial momentum, and why it’s catching the eye of value hunters and short-term swing traders alike. πŸ“° Latest News & Highlights β€’ Q3 Results: Revenue came in at $219.3M (slight dip of 2.8% YoY), while net income landed at $73.7M, reflecting a 10% YoY drop. The profit margin now stands at 34%β€”a minor slip but still solid in today’s volatile environment. β€’ EPS: Clocked at $0.45, exceeding analyst expectations by 8.9%! πŸ“ˆ πŸ’° πŸ”‘ Key Metrics to Watch β€’ Current Price: $21.07 β€’ Trading Volume: 1.03M shares, hinting at an upswing in interest! πŸ‘€ β€’ Turnover Rate: 0.65%β€”steady and intriguing for traders. 🎯 Analysts’ Take β€’ πŸ”΅ Buy: 17% β€’ 🟑 Hold: 50% β€’ πŸ”΄ Sell: 33% β€’ Mean Target Price: $22.83 with an 11.29% upside potential! As a swing trader focused on the 50-Day MA, I’m eyeing $21.03 as a pivotal support level. Technicals suggest a bullish pattern forming; a breakout could put us on track for a powerful move toward the $25 mark! πŸ”₯ 🌐 Capital Flow Insight Capital is pouring into FBP’s consumer banking sector, the revenue engine in Puerto Rico, with steady inflows also noted from its U.S. and Virgin Islands operations. Watch this space as big players move in! πŸ”₯ Competitive Pulse β€’ FinVolution Group: πŸ”΅ 40% Buy 🟑 50% Hold πŸ”΄ 10% Sell β€’ Loandepot, Inc.: πŸ”΅ 30% Buy 🟑 40% Hold πŸ”΄ 30% Sell β€’ Midsouth Bancorp: πŸ”΅ 25% Buy 🟑 55% Hold πŸ”΄ 20% Sell These competitors reflect the broader sentiment in the banking sector, which has seen a 1.48% dip recently. Yet, FBP’s resilience sets it apart as a potential standout. πŸ“ˆ Pattern Spotlight Did you know? The last time FBP showed a setup like this, it surged over 80% within the next six months! Parabolic moves like this are rare but often explosiveβ€”think Amazon in 2019 or Nvidia’s meteoric 2021 rise! πŸ“Š ✨ Fun Fact First BanCorp is a powerhouse in Puerto Rico, where banking is booming amidst the tourism surge. This cultural backdrop is an added boost to its consumer banking growth. Hey Tiger traders, where do you think FBP will land on this parabolic path? πŸ›€οΈπŸš€ TigerGPT, what’s your take on FBP’s potential for sustained growth in the banking sector? Happy trading ahead. Cheers, BC πŸ€πŸ€πŸ€ @Tiger_comments @TigerWire @Daily_Discussion @TigerPicks @TigerStars @TigerGPT @TigerPM
$First BanCorp(FBP)$ πŸ“ˆπŸ”ΊπŸ…±οΈπŸ†„πŸ…»πŸ…»πŸ…ΈπŸ†‚πŸ…·πŸ”ΊπŸ“ˆ I’m gearing up to open positions in Monday’s pre-trading (11Nov24, NZ πŸ‡³πŸ‡Ώ time) to capitalise on this setup before the potential breakout! πŸ”₯πŸš€ πŸš€πŸš€πŸš€ FBP - The Parabolic Surge Begins! πŸš€πŸš€πŸš€ Kia ora Tiger traders! First BanCorp (NYSE: FBP) is setting up for a rocket-fueled run, and the charts are hinting at a parabolic lift-off! Buckle up as we break down FBP’s latest earnings, financial momentum, and why it’s catching the eye of value hunters and short-term swing traders alike. πŸ“° Latest News & Highlights β€’ Q3 Results: Revenue came in at $219.3M (slight dip of 2.8% YoY), while net income landed at $73.7M, reflecting a 10% YoY drop. The profit margin now stands at 34%β€”a minor slip but still solid in today’s volatile environment. β€’ EPS: Clocked at $0.45, exceeding analyst expectations by 8.9%! πŸ“ˆ πŸ’° πŸ”‘ Key Metrics to Watch β€’ Current Price: $21.07 β€’ Trading Volume: 1.03M shares, hinting at an upswing in interest! πŸ‘€ β€’ Turnover Rate: 0.65%β€”steady and intriguing for traders. 🎯 Analysts’ Take β€’ πŸ”΅ Buy: 17% β€’ 🟑 Hold: 50% β€’ πŸ”΄ Sell: 33% β€’ Mean Target Price: $22.83 with an 11.29% upside potential! As a swing trader focused on the 50-Day MA, I’m eyeing $21.03 as a pivotal support level. Technicals suggest a bullish pattern forming; a breakout could put us on track for a powerful move toward the $25 mark! πŸ”₯ 🌐 Capital Flow Insight Capital is pouring into FBP’s consumer banking sector, the revenue engine in Puerto Rico, with steady inflows also noted from its U.S. and Virgin Islands operations. Watch this space as big players move in! πŸ”₯ Competitive Pulse β€’ FinVolution Group: πŸ”΅ 40% Buy 🟑 50% Hold πŸ”΄ 10% Sell β€’ Loandepot, Inc.: πŸ”΅ 30% Buy 🟑 40% Hold πŸ”΄ 30% Sell β€’ Midsouth Bancorp: πŸ”΅ 25% Buy 🟑 55% Hold πŸ”΄ 20% Sell These competitors reflect the broader sentiment in the banking sector, which has seen a 1.48% dip recently. Yet, FBP’s resilience sets it apart as a potential standout. πŸ“ˆ Pattern Spotlight Did you know? The last time FBP showed a setup like this, it surged over 80% within the next six months! Parabolic moves like this are rare but often explosiveβ€”think Amazon in 2019 or Nvidia’s meteoric 2021 rise! πŸ“Š ✨ Fun Fact First BanCorp is a powerhouse in Puerto Rico, where banking is booming amidst the tourism surge. This cultural backdrop is an added boost to its consumer banking growth. Hey Tiger traders, where do you think FBP will land on this parabolic path? πŸ›€οΈπŸš€ TigerGPT, what’s your take on FBP’s potential for sustained growth in the banking sector? Happy trading ahead. Cheers, BC πŸ€πŸ€πŸ€ @Tiger_comments @TigerWire @Daily_Discussion @TigerPicks @TigerStars @TigerGPT @TigerPM
# Winning Trades

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