SYDNEY, July 25, 2023 /PRNewswire/ — Australian equity trading platform moomoo has expanded its charting capability to accommodate its growing mobile user base. Moomoo’s research and development subsidiary has secured a patent from the United States Patent and Trademark Office (USPTO) for its groundbreaking method that allows investors to draw and adjust charts on their mobile phone app with unprecedented ease and precision. This achievement reinforces moomoo’s commitment to providing an exceptional user experience and solidifies its position as an industry leader in the world of online commerce.
Preferred by professional and technical investors, its patented charting tools allow users to use their fingers to draw lines and shapes on charts on their mobile phone. This helps traders analyze price movements, spot patterns and identify potential buying or selling opportunities on their mobile devices. All drawings and annotations added to a security are permanently stored and synchronized with the user profile on desktop and in the app. This allows users to navigate between different stock pages on the platform, safe in the knowledge that when they return to a specific company’s stock page, their subscriptions will remain saved and ready to use.
“Stock traders and investors have more power than ever before,” says moomoo market strategist Jessica Amir. “New technologies, including AI, have given online stock traders a real advantage. They can tailor their trading experience to their assets and access markets and information directly.”
“Moomoo’s parent company devotes 70% of its resources to research and development. This shows that our platform tools are constantly being improved and updated to provide our trading community with leading tools for success.”
Newly patented tools include technical analysis tools such as Gann fans and Fibonacci retracements, which are commonly used by institutional traders. These are just some of the 38 drawing tools and 60+ investment indicators that our trading community can now use for free.
Moomoo’s mission is to make investing accessible to everyone. The platform equips everyday retail investors with institutional tools and offers free educational resources such as technical analysis drawing guides and step-by-step guides to help investors on their way.
About Moomoo
Moomoo is an investing and trading platform that provides global investors with professional, easy-to-use tools, data and insights. It provides users with the necessary information and technology to make more informed investment decisions. Investors have access to advanced charting tools, technical analysis and level 2 data. Moomoo grows with its users and maintains a community where investors share, learn and grow together in one place. Moomoo offers free access to investment courses, educational materials, and interactive events that any investor, no matter their level, can benefit from. Users can participate in forum discussions, trending topics, and seminars to improve their investment knowledge and insights.
Founded in Silicon Valley, California, Moomoo has global operations in countries such as Singapore, Australia, Japan and Malaysia. Moomoo’s parent company is listed on the Nasdaq. It is a global strategic partner of the New York Stock Exchange and has won multiple awards internationally. Moomoo isn’t just your investment platform. It’s your investment journey.
For more information, please contact:
Chantal Walsh
Communications Manager, moomoo Australia
[email protected]
0424 943 856
