FUTU likely started stock buyback

Yesterday when the stock price finally hit the PE ratio of low 15, strong buying came in to support, likely to be FUTU stock buyback.

Stock price should have reached the bottom. At the current price, the stock is supported by both its fundementals (i.e. earnings & growth), as well as the company's stock buyback program. There is not much more the short-sellers can push.

Predicting a sharp bounce up coming soon