$Tiger Brokers(TIGR)$ ๐ ฑ๏ธ๐ ๐ช๐ช๐น๐ฒโ
๐ ๐ TIGR: Aiming for $15 by Q1/Q2 2025 ๐๐
Kia ora, traders!
Iโve just opened positions in Tiger Brokers (TIGR) because the setup is textbook bullish! Hereโs the breakdown, straight from my chart analysis:
๐ My Fundamental Pattern Analysis:
โข Blue Line Trajectory: TIGR is trading at $7.55 USD (live market price) and is on track for $15 by Q1 2025.
โข Immediate Target: A short-term move to $8.80, followed by consolidation.
โข Mid-Term Movement: Gradual climb aligning with my green trendlines, with $15 as a key resistance level.
๐ Key Levels:
โข Support: $7.40 USD
โข Resistance: $7.70 USD
๐จ Whatโs Driving the Move?
โข Growing Momentum: A steady increase in volume shows institutional accumulation.
โข Short-Term Flag Formation: Patterns show bullish continuation, with higher highs forming steadily.
๐ Analyst Insights (as per Tiger Platform):
โข Price Target Range: $7.76 - $12.20, with an average target of $10.98.
๐ด๐ ๐ข Buy, Hold, Sell Ratings:
โข ๐ข Buy: 67%
โข ๐ Hold: 17%
โข ๐ด Sell: 17%
Analysts are clearly optimistic about TIGRโs long-term potential.
๐๐ Why TIGR Stands Out:
โข 10 Million Users Worldwide: The platformโs global presence is unmatched.
โข AI Power with TigerGPT: Leading innovation in WealthTech with smarter trading tools.
โข Record Q3 Revenue: A whopping 44% YoY growth, proving TIGRโs expanding market share.
๐ Fun Fact:
Did you know TIGR is recognised as Asiaโs #1 WealthTech company by Fortune? Itโs not just leading the marketโitโs transforming it.
๐ Key Dates to Watch:
The next earnings report on 29 Feb 2025 could serve as another major catalyst.
๐ค Hey Traders:
With TIGRโs setup looking so strong, do you see it hitting $15 by Q1, or do you think thereโs more consolidation ahead?
๐ฎ TigerGPT: Considering the technical breakout signals and reduced short interest, how confident are you in TIGR reaching its mid-term price target?
Happy trading! Cheers, BC ๐๐๐๐๐
@Tiger_comments @TigerPM @Daily_Discussion @TigerStars @TigerPicks @TigerGPT
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Tiger Brokers (TIGR) Stock Analysis
Company Information:Tiger Brokers (TIGR) is a leading WealthTech company recognized for its presence in the global market. It has a user base of 10 million worldwide and offers innovative trading tools powered by AI, such as TigerGPT. TIGR has been transforming the market and recorded impressive Q3 revenue growth of 44% YoY, showcasing its expanding market share.
Earnings Analysis:
Q3 2024 Earnings: TIGR reported an EPS of $0.11, with a net profit margin of 20.80% and a return on total assets of 0.36%. The gross profit margin was 84.48%.
Earnings Forecast: For the full year 2024, TIGR is expected to have an EPS of $0.36, gross income of $369.50 million, and ebit of $69.00 million. The forecast for FY 2025 includes an EPS of $0.44, gross income of $429.00 million, and ebit of $101.00 million.
Key Levels:
Support Price: $7.40 USD (as of December 12, 2024)
Resistance Price: $11.29 USD (as of December 12, 2024)
Analyst Insights:
Target Price Range: Analysts have provided a target price range for TIGR. The mean target estimate is $7.756, with the low estimate at $2.88 and the high estimate at $12.20.
Recommendation: Analysts' recommendations for TIGR stock are as follows: 4 buy, 1 underperform, and 1 sell. Overall, there is a positive sentiment among analysts.
Capital Flow:
5-Day Capital Flow Data: On December 6, there was an inflow of 607.17K units. On December 9, there was a significant inflow of 14,406.31K units. The following days experienced fluctuations in capital flow.
1-Day Capital Flow Data: On December 14, the total inflow was 38.66 million, and the total outflow was 33.12 million. There were both inflows and outflows of various sizes.
Stock Price:
As of December 14, 2024, TIGR's stock price is $7.48052 USD.
Overall Analysis:Based on the technical breakout signals and reduced short interest, TIGR has the potential to reach its mid-term price target. However, investors should be aware of the support and resistance levels and monitor the stock's performance closely.
Risk Disclaimer:The information provided is for reference purposes only and does not constitute investment advice. Investing in the stock market carries inherent risks, and stock prices can fluctuate. It is important to conduct independent research and analysis before making investment decisions.
Note: The provided analysis is based on the available information and does not guarantee future stock performance.
*Disclaimer: The above suggestion cannot be considered as investment advice. Investors should exercise caution and perform their own analysis before making investment decisions.*Please find the analysis of Tiger Brokers (TIGR) below:
Business and Industry Overview:Tiger Brokers is a leading online brokerage firm known for its innovative trading platform, Tiger Trade. The company provides global brokerage services to individual and institutional investors. With its user-friendly interface and advanced trading tools, Tiger Brokers has gained popularity among traders worldwide. The company has a strong presence in the WealthTech industry and is known for its AI-powered tools, including TigerGPT.
Earnings Analysis:
Q3 2024 Earnings: Tiger Brokers reported an EPS of $0.11, with a net profit margin of 20.80%. The company's gross profit margin stood at 84.48%, indicating healthy profitability.
Earnings Forecast: For FY2024, Tiger Brokers is expected to achieve an EPS of $0.36, with a forecasted gross income of $369.50 million and forecasting EBIT of $69.00 million. The company's earnings forecast for FY2025 and FY2026 indicates steady growth in both EPS and gross income.
Recent Trends:
Support and Resistance Levels: The support and resistance levels for Tiger Brokers on December 12, 2024, were $7.40 and $11.29, respectively.
Capital Flow: The 5-day capital flow data shows the inflow and outflow of funds from Tiger Brokers. On December 9, 2024, there was a significant inflow of 14,406.31K units, indicating positive investor sentiment.
Analyst Viewpoints:
Target Price: Analysts have provided target price estimates for Tiger Brokers. The mean target price is $7.756, with a low estimate of $2.88 and a high estimate of $12.20.
Recommendation: Analyst recommendations for Tiger Brokers are 4 buy, 1 underperform, and 1 sell.
Price Target Range: The price target range according to the Tiger platform is $7.76 - $12.20, with an average target of $10.98.
Recent News:
Growing Momentum: Tiger Brokers has seen a steady increase in volume, indicating institutional accumulation and growing momentum.
Record Q3 Revenue: The company reported a 44% year-on-year growth in Q3 revenue, highlighting the expanding market share of Tiger Brokers.
Asia's #1 WealthTech Company: Tiger Brokers has been recognized as Asia's #1 WealthTech company by Fortune, showcasing its leadership and innovation in the market.
In conclusion, Tiger Brokers (TIGR) has a strong presence in the online brokerage industry, supported by its global user base and innovative trading platform. The company has shown positive earnings growth and has garnered optimistic target price estimates from analysts. However, it is essential to consider the inherent risks of the stock market and fluctuations in stock prices before making any investment decisions.
Please note that this analysis is for informational purposes only and should not be considered as investment advice.
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