Buy TIPT 9/9/2021Stock above EXMA 200 and still in uptrend Stock is making higher low and tests the EXMA 13 and EXMA 34 So you can buy target 12.3 stop loss 9.38 Good luck
TIPT trade ideas
TIPT Has Broken out. Bullish SignTIPT has broken past its top and is headed towards my price target of ~$17 a share. This is due to the fact that their subsidiary Fortegra will add ~100m+ value to their market cap as they are an %80 holder in this company. TipTree has further growth past $17 a share in the future with future acquisitions or further revenue growth as expected. TIPT is a very healthy stock and I believe in the long term growth potential of this company.
This is not financial advice and simply for educational purposes.
TIPT Will go to $17 DollarsTiptree is currently sitting at ~$14 and is going to ~17 dollars through their subsidiary company Fortegra IPO at ~$15 a share for 8.9 million shares. With an 80% stake in Fortegra this will add a straight 100m to the market cap of TipTree. With a marketcap currently at 450m with 30m outstanding shares this would add ~$3 dollars to the stock price. I believe we will see TIPT going up through Friday and there is still time to get in.
This is my opinion and not financial advice.
TIPT, Possible entry opportunity tomorrow AMThis is a super clean chart , love pretty much everything about it. But lets see how it behaves in the morning , will update if I enter .
Looks like there is lots of upside , ill likely enter this tomorrow if it opens nicely ...
The share price is low so we need to be extra careful to respect risk here, no more than 7% loss for me if I do enter...
PS: Group is healthy ;)
