I've been on a ruff ride with 
FUTU for a bit now. You can see my entries on the chart. this may be worth putting on your watch list. Looks to me like we have 2 patterns going here. A double bottom and it's currently wedging with decreasing volume. I expect this will move very shortly in one direction or the other. I'm long and that's my guess, all TBD. Ideas, not investing / trading advice.
from earningswhispers.com:
Futu Holdings (FUTU) reported Quarter December 2020 earnings of $0.50 per share on revenue of $153.0 million.. Revenue grew 283.4% on a year-over-year basis.
China based company that offers online brokerage.
FUTU for a bit now. You can see my entries on the chart. this may be worth putting on your watch list. Looks to me like we have 2 patterns going here. A double bottom and it's currently wedging with decreasing volume. I expect this will move very shortly in one direction or the other. I'm long and that's my guess, all TBD. Ideas, not investing / trading advice.from earningswhispers.com:
Futu Holdings (FUTU) reported Quarter December 2020 earnings of $0.50 per share on revenue of $153.0 million.. Revenue grew 283.4% on a year-over-year basis.
China based company that offers online brokerage.
Note
4/19 this just broke out on volume. I an additional 5 shares as it may well pull back in and I don;t want my cost basis to get too high.Trade closed manually
4/19 after the bell announced 9.5 m new share offering down over $22.00. I'm out with a very small profit. Off list for now.
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I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.