$Tiger Brokers(TIGR)$ Look at the swing in share price. Good for traders. For investors, be very cautious. A lot of people stuck at $10 and above.
Those who subscribed at $6.25 as well as those who purchased during the major correction are in the money now. These people have the desire to offload. If they continue to wait, hoping for $10 and above, and suddenly a major sell down occurs again, their profits will be eroded.
Wait for clear signal. It has to cross $8, $9 and $10 convincely, not large swings. Large swing is normally caused by traders and insiders.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Just look at the share price performance of US counterpart Robinhood, you will get a sense how the world perceive a US company vs a China company.
China company is supported by domestically due to the large population but it can’t attract the world attention especially in this era of high geopolitical tension between the West and China.
Many western funds have already under weight China stocks. Without foreign funds buying, no way a China stock can rally and sustained it. Many of the rallies are to harvest retail investors monies.
Just look at the share price performance of US counterpart Robinhood, you will get a sense how the world perceive a US company vs a China company.
China company is supported by domestically due to the large population but it can’t attract the world attention especially in this era of high geopolitical tension between the West and China.
Many western funds have already under weight China stocks. Without foreign funds buying, no way a China stock can rally and sustained it. Many of the rallies are to harvest retail investors monies.
hi
Great article, would you like to share it?
Great article, would you like to share it?