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$Futu Holdings Ltd (FUTU.US)$ Although FUTU is a great compa...

$Futu Holdings Ltd (FUTU.US)$ Although FUTU is a great company, with high cash burn, I believe it is currently overvalued and expect to see another 10 to 20% drop first before the stock stabilizes. They are also lacking features that many option traders need such as covered calls and also asset analysis functions to see overall profit and loss *so far* rather than just today alone.

I believe there are better stocks to invest in such as NIO, SIA and Apple. Follow me for more updates!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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Mid To Long Term Investments. EV, Tech, ESG, Sustainability.
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