Bullish Case: Agora's new Social Trends tool could attract more users and drive revenue growth if widely adopted, supporting a potential bullish case.


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Bearish Case: Persisting unfavorable market conditions and downward trajectory of API's stock price remain a bearish indicator for Agora.


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Takeaway: While the Social Trends launch provides some upside potential, prevailing negative market trends and API's recent poor performance suggest continued caution is warranted for Agora. Close monitoring of user adoption of Social Trends and market conditions is advised.


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Potential Outcomes:

1. Social Trends performs below expectations, leading to further stock price decline (60% chance).

2. Social Trends gains traction, driving user and revenue growth (30% chance).

3. API continues flat trading due to market uncertainty (10% chance).


September 27, 2023


Agora Forecast

[API]  Agora
Price Forecast: BEARISH    Price Action: FLAT



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