TIGRCup and Handle formation in progress for this one points to a continuation Bullish pattern. Keep on watch .
TIGR/N trade ideas
NEW POSITION $TIGR Target 29.99 for 32.11% $TIGR Target 30.01 for 32.11%
Or double position at 15.43
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
TIGR BUY/LONG BIG POTENTIAL INCOMING 7.60 to 41.30TICKER CODE: TIGR
Company Name: UP Fintech Holding Limited
Industry: Financial | Capital Markets | China
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge (Forming)
2. Large Head & Shoulders
3. Fibonacci Retracement (Potentially) to reach 0.786 ( Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
and also Trendline Resistance Level
5. 2nd Take Profit Level maybe a Head & Shoulders (NO FULL DATA ON 1st Shoulder)
Buy Entry: NOT READY (7.60-9.50)
1st Partial Take Profit: 41.30 (November-End 2021) - Note that I would consider Full Take Profit Here
2nd Partial Take Profit: 62.00 (Mid 2022) - Note that we might not reach this Take Profit
Stop Loss: 5.00
TIGR will approch swing target today or tomorrowSimple break above prior sessions high triggered the entry, with target a 1:1 measured move
$TIGR Inverse H&S + 50MATiger has formed a bullish inverted head & shoulders pattern. Close above the 50MA on the daily chart would add to the bullish thesis.
HIGH risk play trend reversal $TIGRThe price action here looks great, the way the candled closed the day within 10% of the candles high reflects little to no bears in this market. $TIGR was in a bearish trend until earnings came out, the stock has made new higher lows since, which usually suggest a trend reversal.To help support my thesis we'll look at the indicators postures; RSI is at 55 and is nicely erect suggesting upside potential, the stochastics moving averages has crossed & remains erect also indicating a trend reversal. The 9 ema looks ambiugous, because its yet to cross other emas, however taking into consideration the volume has been ascending that last 3 days im extremely bullish on this stock, of course im speculating I believe the first sell zone or take profit zone is at that $24.13 level.
TIGR (UP Fintech Holding)
UP Fintech Holding Limited is an online brokerage firm focusing on global Chinese investors. The company provides a mobile and online trading platform which enables investors to trade in equities and other financial instruments on multiple exchanges. It offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion and customer support. UP Fintech Holding Limited is based in BEIJING.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move from LOW to MED point
- Entry point reached
- Expectation for the price to move to HIGH point
- Trailing stop-loss on price above MED point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Tiger looks ready to reach back its high!Broke out of descending wedge a few days ago with good volume as indicated on the chart. There is strong support at 16.69 level where price tested it a few times but bounced back up.
Furthermore 9EMA is about to cross 21EMA anytime soon, which is another bullish indicator.
PT1: 24.34
PT2: 30.41
TIGR at a CrossroadsThis stock looks like it could break either way depending on the broader market. It has a high positive correlation to the IWM so I will be watching to see how IWM holds up to determine which way I want to go with this.
I'd like to see it break the .23 fibonacci level to take it long for a swing up the fibonacci scale with a final target of 38.50.
If the broader markets are negative in the next few days it will likely retest the lows in the $13 range.
$TIGR bearish or bullish?$TIGR is currently on two pattern indicators. Macro it appears to be heading towards the top of a downward channel. This would appear bullish and a break of the channel could lead to the start of a Wave 3/5 the largest wave. Alternatively there is a bear flag forming on the hourly. The downward trend of the last two months could have a 5th leg and I would project a bounce of the top of the downward channel. I made some resistance points for each theory. Orange are Fib based resistance zones and red are where volume resistance will meet Fib resistance. A break through of any resistance above the channel is extremely bullish.
TIGR break out and working on higher low ! breaking out of big triangle and working on higher low formation , could go to 24!
i like it ..
NOT INVESTMENT ADVICE !
Simplest trading signalSell signal:
when the fastest moving average (2 days) is on the upper bound and intersects the other two moving averages.
Buy signal:
when the fastest moving average (2 days) is on the lower bound and intersects the other two moving averages.
TIGR PT $24TIGR Nice volume ! and breaking out from a downtrend I expect a big move to the $24.66 level
Clear resistance at $24.66 So that is my PT
