RgSFO
11-13

$Tiger Brokers(TIGR)$ tomorrow is earnings release for the 3rd quarter. It has been quiet for last 4 weeks after it pulled back to close below 50 day moving average. 200 day moving average provided strong support during its decline form 13.55$. 50 day moving average acted as strong resistance twice in last 5 weeks. Volume is very light and half of below 50-day and 20-day average. If they deliver another strong quarterly results as they did for the last 3 quarters then it will pop tomorrow. Happy trading. 

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  • UrsulaFowler
    ·11-13
    TOP
    Earnings catalyst could smash that 50MA resistance mate! Volume building now [看涨]
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    • RgSFO: 
      Yes
      11-14
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    • RgSFO: 
      Yes. I think so too. The stock is way undervalued compared to its peers. They haven’t announced the earnings release date yet.
      11-14
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  • Athena Spenser
    ·11-13
    TOP
    TIGR’s 200DMA support + past beats,betting on a breakout tomorrow!
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    • RgSFO: 
      Earnings didn’t come out today. Yahoo finance now shows that it will be released on Nov 19
      11-14
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    • RgSFO: 
      I think we have to wait a little longer. Earnings release isn’t happening today. I was mistaken by seeing it on a website.
      11-14
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  • Maurice Bertie
    ·11-13
    Nervous but hopeful for TIGR earnings!
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    • RgSFO: 
      Have patience, don’t sell or buy as price drops. Sometimes it is good to do nothing and remain calm. This stocks fundamentals are strong. Sometimes, it takes more time big institutions to notice it. Besides, volatility is high in this stock like in any other small cap stocks. Happy trading.
      11-14
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    • RgSFO: 
      I think they will have a good quarterly data. On my post I said the earnings release was today by mistake. I was mislead by a website that said it was today. So stay strong. I am buying more on today’s drop.
      11-14
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  • RgSFO
    ·11-14
    Now the Google search on earnings release says it is probably going to be on Dec. 1st. Until then short sellers will keep beating it down because it failed twice to take out 50day moving average. I am encouraged by the fact that daily volume is lower than its 20-30 day average. If the company at least formally announces the earnings release date then the bleeding will stop.
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  • JackQuant
    ·11-13
    Agree with you~
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  • Fern29
    ·11-16

    Great article, would you like to share it?

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    • RgSFO: 
      Yes
      11-16
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