FUTU reached the upper zone of mid-term 52-45 support range and is trying to find a footing. I like the gap-up with substantial volume today. Re-claiming the 50d moving average would be a constructive next step in shifting the odds of important bottom in place. Otherwise, if 50.28 level will not hold, next support levels are: 49-45. Suggested price...
If you haven`t bought FUTU`s dip here: Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 64usd strike price Calls with an expiration date of 2023-11-24, for a premium of approximately $1.33. If these options prove to be profitable prior to the earnings release, I would...
I do like how some of the strongest plays in China are setting up for the perspective upside in Q4 and beyond. Have a look at $NASDAQ:FUTU. High double and triple digits growths of earnings and sales four quarters in a row; strong and consistent ROE numbers; high eps growth estimates. Management owns 5% of the company. In conjunction with China government plans...
If you haven`t bought FUTU ahead of the previous earnings: Then analyzing the options chain and the chart patterns of FUTU Holdings Limited prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $5.20. If these options prove to be profitable prior to the...
A nice Up Channel can be plotted on FUTU both a larger one and a smaller one I have drawn a curved line that allows price to continue up while still being with the channel This is a bullish situation Price thoughts in white
Very nice chart here, trend signal reversing the recent decline sets up a very low risk buy against support from recent earnings levels as well as a 25% speed line. Best of luck! Cheers, Ivan Labrie.
Futu - a Chinese online brokerage & wealth management platform has finally broken its resistance of accumulation zone forming an ascending-triangle chart pattern. This stock has tremendous potential. Let's know why: 1. Accumulation Completed Futu entered accumulation stage (stage 1) somewhere in December 2021 following a steep fall inline with general market...
Looking at the FUTU Holdings options chain, i would buy the $60 strike price Calls with 2022-10-21 expiration date for about $2.11 premium. Looking forward to read your opinion about it.
Hi traders, we have a trading idea we wanted to show you. The idea is for the $ FUTU stock, the stock is currently in an 8% gap down following the publication of good first quarter financial statements. In addition, the stock is breaking through the downtrend and is currently holding and trading above it. Our idea is to wait for the stock to build up as a bull...
Holding all moving averages on daily ++ Selling volume is lower than average ++ hasn't made new low since Dec 13 +++ Hasn't made new high since Jan 20 -- Overall weakness in chinese names - Takeaway: once price moves over 50 on volume, this will push to 65 and higher. Patience for now.
$FUTU possible bear flag in making. One more leg down?
Nibbled on FUTU shares, as it appears to have bottomed. This stock can MOVE and I like the R/R here . Will continue to add as idea confirms... tight stop loss in this market is essential.
On watch for this leading Diagonal pattern. One of my favorite stock long term down here.
Based on weekly chart, FUTU has undergone a deep correction and current prices is well support as evident by the volume profile indicator. We now have a bull continuation signal on weekly timeframe. A possible zig-zag path to previous ATH in the next few months if trend continues. Vested. NAF DYOR
"We are sincerely sorry, and we humbly accept all criticism and advice. We will make relevant improvements immediately." Future founder Leaf Hua Li publicly apologizes for the interruption of the morning of October 9, 2021. "We are sincerely sorry, and we humbly accept all criticism and advice. We will make relevant improvements immediately." Future founder Leaf...
As a global technology-based securities firm, Futu Holdings Limited (Futu:NASDAQ) is committed to driving innovation with science and technology to provide more convenient and ultimate financial science and technology services for major markets around the world. According to Futu's released performance report for the second quarter of 2021: - The total revenue...
I am expecting to see FUTU bounce soon from this Triangle and we can clearly see that FUTU completed a 1-5 Wave up and entered into the ABC corrective wave. FUTU appears to have completed this A wave down and should see a B wave bounce near 90% of the Wave A down (projecting B wave around 177ish) before another wave C down around 116-128ish levels. Obv, we...