Agora AI stock to moon?On the above 3 week chart price action has corrected 98% since early 2021. A number of reasons now exist to expect a reversal. They include:
1) Price action and RSI resistance breakouts.
2) Support confirmation on past resistance.
3) Notice the 3 week hammer candle?
4) Significant resistances at
Next report date
≈
May 26
Report period
Q1 2025
EPS estimate
—
Revenue estimate
—
−0.46 USD
−42.73 M USD
133.26 M USD
70.81 M
About Agora, Inc.
Sector
Industry
CEO
Bin Zhao
Website
Headquarters
Shanghai
Founded
2013
FIGI
BBG00V9VKFB5
Agora, Inc. is a holding company, which engages in the provision of real-time engagement through online platforms. It operates through the following geographical segments: People’s Republic of China, United States, and Others. The company was founded by Tony Zhao and Tony Wang in November 2013 and is headquartered in Shanghai, China.
−90%
−60%
−30%
0%
30%
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
−40.00 M
−20.00 M
0.00
20.00 M
40.00 M
Revenue
Net income
Net margin %
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
−12.00 M
0.00
12.00 M
24.00 M
36.00 M
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
0.00
9.00 M
18.00 M
27.00 M
36.00 M
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
−70.00 M
0.00
70.00 M
140.00 M
210.00 M
Debt
Free cash flow
Cash & equivalents
No news here
Looks like there's nothing to report right now
Agora, Inc. Announces US$200 Million Share Repurchase Program!!!API: Agora, Inc.
2022-02-22 17:00:00
Agora, Inc. Announces US$200 Million Share Repurchase Program
NLong

Agora (API) long1. Analysis:
- increased volume
- bullish engulfing candle on weak market (big absorption or short covering)
- pre earnings
- previous qt despite EPS miss had surging revenue, might have surprise to the upside
- china is lowering rates while world hike rates, might ramp up growth in growth stocks
-
NLong

API Education Group 🧙Agora Inc provides real-time communication solutions. The company offers real-time video calling, voice calling, live audio and video streaming, recording, and real-time messaging. It serves the gaming, retail, and education industries. The company operates in the People's Republic of China and the
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Long | API | Swing TradeNASDAQ:API
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
* 19 Feb, Calls for 125$
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