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AFRM

$AFRM: Bullish trend?With the amount of signals I am seeing (about 20 long ideas here), many being growth names, it is clear the market is pricing in a more dovish Fed, inflation cooling down and a soft-ish landing...I wonder if this will become a trap as all these setups fail simultaneously after FOMC? For now, it is what it is and charts call for long exposure. $AFRM has a nice reward to risk and odds here, and $QQQ weekly is now bullish, and broke into a new monthly high after triggering a trend signal so maybe we did see a bottom after all...Earnings data has been quite positive, according to $V, $MA, $AXP, so there could be some potential on the long side as a mid or long term idea. I'm personally trading tactically overall, until it is clearer we're out of the woods, closing things at targets, using tight stops, playing longs and shorts, etc. Best of luck! Cheers, Ivan Labrie.
NASDAQ:AFRMLong
by IvanLabrie
AFFIRM HOLDINGS, INC - BEARISH SCENARIOThe Affirm`s downtrend seems unbreakable. The price has already reached an all-time low, and the next logical support is the psychological level of $ 10. Worries over the macro's impact on the financial model, especially the deteriorating consumer credit profile combined with lowered fiscal 2023 outlook on gross merchandise volume to a range of $20.5 billion to $21.5 billion are just some of the reasons for the sell-off. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:AFRMShort
by legacyFXofficial
1
Affirm AFRM current BULLISH thesis level by levelLets NOT get out of control with the expectations and when and where this should go. Lets instead play this level by level by level as we watch the movements and levels of the SPX and Nasdaq. This WILL give us our overall limits and projections we can work with UNTIL we get our OWN narrative to run on our own. Pay attention to the levels for Support (S) and Resistance (R) as well as you can see the GAPS that need to be filled marked by the Yellow STARS for you to make it EASY ...
NASDAQ:AFRM
by rarebreed29
Affirm AFRM Just might get its own Holiday Narrative #AFRM I'm Long Affirm and will continue to DCA the lows. I think that even if all other stocks crash and get Zero gains from now until next year. I think it's Highly likely that Wallstreet will create a narrative and pump Affirm. I think that the overall idea of lack of cash and credit this year as well as it being hard for many to afford Xmass shopping and or even food and gas to get by will really create a HUGE rush of clientele for Affirm. They even have options to pay for entire vacations,VRBO, flights etc. with Affirm. I could see all types of people having various reasons and or ways they find themselves linking up with Affirm this year. I think anywhere under $25-$30k short term is Cheap and in the bigger picture I think anywhere under $60 is cheap. Maybe I'm way off on this one, only time will tell. But i personally see them getting a HUGE upcoming holiday narrative that's further enhanced by the bad economy. $AFRM #AFRM $Affirm #Affirm
NASDAQ:AFRM
by rarebreed29
AFFIRM HOLDINGS, INC - BULLISH SCENARIOAffirm Shares Surge on Q3 Beat. Affirm Holdings Inc shares surged 29% after-hours following the company’s Q3 results, with EPS of -$0.19 coming in better than the consensus estimate of -$0.53. Revenue grew to $354.8 million, compared to the consensus of $344.03 million In addition, the company announced an extender partnership with Shopify. We have 3 major resistance levels ahead 1st resistance is located at $ 50 2nd at $ 68 3rd at $ 84. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:AFRMLong
by legacyFXofficial
Will We "Affirm" A New Direction This WeekWill We “Affirm” ( NASDAQ:AFRM ) A New Direction This Week? I strongly believe that a new direction will be affirmed for Affirm Holdings, Inc. (AFRM) this week. I've identified several reasons why I anticipate a new direction for the stock. Bullish divergence on the daily chart. AFRM is in the buy zone. AFRM is in a range on the daily chart. Outcome Expected- Break from range through the upper channel *Identified risks- -It will be very important to watch price action because the stock is currently trading below the 200, 50, 21 and 9 moving averages. Hence, the reason why I will be making a safe entry once the stock moves above the upper trendline or 9 MA. -AFRM is ranging and I wonder if it will continue to do the downside as a continuation from the inverted cup and handle pattern or make a shift to the upside -AFRM has earnings on May 12, 2022. I look forward to watching what happens with AFRM over the next few days.
NASDAQ:AFRMLong
by MrALtrades00
1
Growth Capped by the 50 Day Moving Average These are 6 randomly selected growth stocks that have been hammered and just rejected off the 50 day moving average yesterday. Watch for the downside trend to continue in these stocks until they're able to at least breach the 50dma. The question is do these stocks make higher lows (if the downward trend continues) or lower lows? IMO if you are a trend follower, you should avoid any stocks on the long side if they look like this (unless you're trying to day trade a bounce).
NASDAQ:PYPL
by Lanmar
4
AFFIRM HOLDINGS, INC - BEARISH SCENARIOThe earnings report was released last Thursday by Affirm Holdings. The company`s revenue rose more than 70 % year over year to $361 million beating estimates by $28 million, but its net loss widened to $0.57 per share, which missed expectations by $0.20. New sales were triggered and retest of $ 47 support level. Successful breakout will send the price back into the price channel. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:AFRMShort
by legacyFXofficial