We all know the story about retail going crazy on $HOOD. But what about its SEA counterpart, TIGR? Will our SEA friends follow the same trend?
With more and more retail traders rushing to the stock market, TIGR is a safe grab to get on the retail frenzy.
This is also supported from a technical side:
1) a zigzag pattern trending up,
2) a slow and steady uptrend of the 200MA,
3) 3 consecutive earning beats during the last 3 quarters.
All these is suggesting that a retest of the previous high at $15 will happen very soon, if not more (I think there will be more upside, but I have to wait and see how patterns develop when the previous high will be tested).
I am holding TIGR I purchased at 9.55 with a 2.3% portfolio size, with the expectation of reaching at least $15 before/around Oct.
With more and more retail traders rushing to the stock market, TIGR is a safe grab to get on the retail frenzy.
This is also supported from a technical side:
1) a zigzag pattern trending up,
2) a slow and steady uptrend of the 200MA,
3) 3 consecutive earning beats during the last 3 quarters.
All these is suggesting that a retest of the previous high at $15 will happen very soon, if not more (I think there will be more upside, but I have to wait and see how patterns develop when the previous high will be tested).
I am holding TIGR I purchased at 9.55 with a 2.3% portfolio size, with the expectation of reaching at least $15 before/around Oct.
Note
I forgot to mention the story of Webull $BULL.It's more likely that all the "new" retail trading platforms are seeing more buys than sells. As the largest SEA trading platform, this won't get neglected by the market.
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FREE real time trade & stock recommendations on X:
x.com/BoiPlunger
FULL transparency
x.com/BoiPlunger
FULL transparency
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.