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AFRM

ROKU - STRONG CONFLUENCE SUPPORT & AVG $30+ BOUNCE OFF TREND All, OVERALL (BULLISH 70/30) I think we break out this wedge down here either now or one more attempt on bottom of wedge and hit 280-293. However, see details below. I am most likely going to hedge downside depending how Mon/Tues go. A breakout Mon-Tues I will just go into maintenance mode and watch it closely. FUNDAMENTALS Let's get to fundamnetals first. There are some "doubters" on ROKU. However, they may be right in the future as of NOW in the past quarter financialls and NOW as a company ROKU is very undervalued here reardless of future ROKU beliefs. If you want to be short next quarter for reasons "XYZ" totally get that. Arguing against ROKU after 600% EPS and customers Y/Y drastically increasing it's very obvious ROKU is worth 375+ at a "fair" valuation. TECHNICAL ANALYSIS There is a very stong support trend line here that is holding on average acting as support we have $30-$50 moves off of it regardles of what comes after. MY POSITION(S) $300 Calls Dec 3rd 2021 @ $3.65 (Will add pending non breakout by Tues) -- Either $265 or $255 PUTS for Dec 3rd 2021 (May want to add some regardless just as protection or even shorter timeframe) **Remember on options you can close/sell at any time there is a good chance if I get that 293 clean and soon I might just sell there and take a pretty solid profit. Or sell half and see if we can break the downward trend to push 315-330 area.** BULLISH PT #1: 285 PT #2: 293 PT #3: 304 PT #4: 330/342 --- "wait and see if we can break downward trend will be 3rdish time so 50/50 it breaks barring any bad/good news. Also approaching Christmas/Black Friday time. BEARISH I think the bearish comes from the obvious part of it not being able to re obtain that 376ish level. We are currently above that other previous low of 372. A break under that signls a possible big downside of 240s. The other factor is the overall market/SPY/Holidays/Feds PT# 1: 267 PT# 2: 255 PT #3: 244 PT #4: 220 (if we somehow got down 220-240 range I will immediately swap to 100% calls and a huge buy in as the stock would be at such a mind blowing discount.
NASDAQ:ROKULong
by DigitalData
1
COST - CostCo - PARABOLIC CURVE COMING TO AN END?Interesting to hear peoples thoughts on this. If you know what I am talking about it will become obvious that this arc might/could end soon. Hard to say with stocks like costco because of their obvious growth nature. In fact, might be more positive during these financial times using costco for bulk/saving money vs others. In general some studies show that parabolic arcs typically retrace 62%. Of course CostCo is a great/money saving company. However, what goes up must come down. The best stocks/ BTC all do at some point. Any news or bad PR I could see COST getting demolished due to the parabolic nature on the monthly cart. Let me know your thoughts.
NASDAQ:COST
by DigitalData
1
$CRWD $AAL $AFRM $UBER I OptionsSwing WatchlistCRWD 4H I CRWD has been consolidating between $280-$290 after a big run from $240s. Watching for a breakout above ATH as we have uoa betting on a breakout above. AAL 2H I Down nearly 15% from recent highs, we are seeing AAL trading within a bull flag pattern. We also have a bullish divergence forming on the RS on the 2H time frame. AFRM 2H I Watching AFRM for a break above ATH. Even though we have a bearish divergence on the RSI, our ALGO picked up bullish activity on AFRM for 11/05. UBER 2H I Down 10% from recent highs, we now have UBER trading within a bull flag. Watching for a bounce near $42 or a breakout from the bull flag pattern.
NYSE:UBERLong
by optionsswing
Uptrend ChannelWe are in this channel since Oct 6, a doji candle was form in the 4H chart so we can experience a minimal pullback in the following days to the support line. Overall we are in a uptrend and we also broke last ATH at 146. I'm looking to add long positions at 150-151 or after breakout of the resistance line in this channel. The horizontal lines are standard deviation. The yellow line is the mean and is acting as support right now. I'm not a financial advisor and this is my personal opinion. Have a great trading week! NASDAQ:AFRM
NASDAQ:AFRM
by JoelCupeles
My Trading Mantra: "Follow the Money "I believe one of the best indicators to watch is Volume Price..! You should try to invest where money flows in..! In trading and investing your mantra should always be: Follow the money..! I believe stock prices only go up when there are fresh players who bring money to the play, regardless of the quality of the underlying asset! One of the most important duties you have as a trader or investor is to monitor the money flow in the market to find out emerging opportunities! I have picked 3 Stocks with a +100% gain since August, let's review them My best-performing picks since August: -1 UPST: +150% gain since August 2nd when I published my analysis at 131.65 2- AFRM: +125% gain since August 2nd when I published my analysis at 64.71 3- DATS: +100% gain since October 6 when I published analysis at 8.16 For complementary information, you can watch my youtube video about volume and Volume Price: youtu.be
NASDAQ:AFRMLong
by Moshkelgosha
3
AFRM probably to close gapGood chance we see AFRM push towards the 223 levels to close gap, and possibly test new highs from there. In general there is strong momentum behind this name from good partnership with amazon and good earnings report. Today, There is a chance if the general market sentiment is low for it to retest the support (shown on the arrows) and from there bounce back up later today or perhaps next week. Good ways to build a nice trade here. (Not trading advice, just my humble thoughts)
NASDAQ:AFRMLong
by LEO_IAMNOTUNCERTAIN_55555
Win Big and Lose Small storyAugust 2021, was one of the best months for me. While Major indexes (NASDAQ, S&P 500, Dow Jones, Russell 2000) gained between 1.5-4 %, I had 8 analyses with a 10-73% gain in one month, those which hit stop loss made 1- 4% loss..! I also trade BABA option twice and close them with +180 and 100% profits..! and had 2 unsuccessfull trade with -30% loss (use 3% of my capital for each trade) I publish this review to talk about one of the most important habits(strategies) in trading. Novice Trader Story: Season 1: In the middle of a bullish market, FOMO: Fear of Missing Out Episode 1: Before Trading Journey Started Many people and friends share their experience of making profits trading cryptos and stocks on their social media, why should not I give it a try??? Episode 2: Trading Journey Started Opening the trading account, installing the app, transferring the money, and the gate of a multi-trillion dollars world are open now! Episode 3: Pushing the first buy button Welcome to the journey of trading, a journey full of adrenaline for novice traders! Episode 4: Making the first profit It feels like I am the wolf of wall street! Those who entered the market after March 20, 2020, think making money in the market is the easiest thing in the world. From a statistical point of view, it is very unlikely to made loss between March 2020 and February 2021. Episode 5: Market become less inefficient In a trended market (inefficient market) most tickers are positive on most of the trading days..! so making money is more probable than loosing it even for novice traders! Problems start when corrections start, novice traders start changing their positions to find the bullish tickers that gave them the same good feeling. They do not know market behaves in cyclical patterns and they experience multiple corrections by chasing for the best bullish movees. Episode 6: Fear of Loss after a couple of bad experiences, they decide to cash out the profits as soon as they see any, no matter how little it is..! Episode 7: Vicious Cycle Novice traders now experience the killing phenomenon of losing big in the hope of making reversals and wining small in fear of losing their small profits. Episode 8: blowing up the trading account There is not much left to lose! After the trading account becomes smaller and smaller, it is time to go all-in. Usually, it does not work..! Episode 9: what should I do now Novice trader is now addicted to trading and can not stop trading, so decides to recharge the account..! Episode 10: start over Novice Trader 1: Keep doing the same thing over and over again, the same result over and over again (majority) Novice Trader 2: Start learning about the market (reading books, courses) and keep trading, better results but making lots of mistakes because of not having a fully defined strategy. Novice Trader 3: Stop trading and back to normal life, an insightful decision for many people if they make it..! Novice Trader 4: Stop trading, start learning, and promise themselves not to start trading unless they have a fully defined strategy with good backtesting results. (less than 5% of all people) Nash Equilibrium: What Is Nash Equilibrium? Nash equilibrium is a concept within game theory where the optimal outcome of a game is where there is no incentive to deviate from the initial strategy. More specifically, the Nash equilibrium is a concept of game theory where the optimal outcome of a game is one where no player has an incentive to deviate from their chosen strategy after considering an opponent's choice. Overall, an individual can receive no incremental benefit from changing actions, assuming other players remain constant in their strategies. A game may have multiple Nash equilibria or none at all.(Investopedia) What Is a Zero-Sum Game? Zero-sum is a situation in game theory in which one person’s gain is equivalent to another’s loss, so the net change in wealth or benefit is zero. A zero-sum game may have as few as two players or as many as millions of participants. In financial markets, options and futures are examples of zero-sum games, excluding transaction costs. For every person who gains on a contract, there is a counter-party who loses.(Investopedia) Conclusion : Traders can make decisions and hurt themselves if they deviate from their main strategy based on Nash Equilibrium. Most Important Question any trader should ask her/himself: What is my strategy to make money in the market? How I can make it better??? Refrence: 1- UPST: 2- AFRM; 3-ROOT: 4- PLTR: 5-AMC: 6- COIN: 7- GME: 8- BABA: 9- SPRT:
NYSE:AMC
by Moshkelgosha
3
AFRM UpdateAffirm - sold and closed out of it today hoping for a gap fill of some sort so I can re-buy. Average cost was $64 on AFRM. I bought because big time traders were pissing all over it on Twitter but since they dont visit consumer sites - they didn't see it. I saw Affirm logo on many many e-commerce stores and Amazon's big stamp of approval just showed that Affirm is the winner. I will be honest, I have been very nervous about it from day one but not once thought of selling, instead added on the dip. In fact, I am even questioning why I decided to sell today. Anyways, will rebuy lower if Powell lets me. Neutral at the moment to see what price actions tells me next.
NASDAQ:AFRM
by bossmodetrader
$AFRM $NVDA $AAPL $NFLX I OptionsSwing WatchlistAFRM 1D I Just as expected AFRM broke from an inverse H&S and saw a 40%+ move last week after announcing a new partnership with Amazon on Friday. NVDA 1D I We caught a near 10% move on NVDA last week after breaking out from ATH. Semiconductor stocks showed above average strength last week. AAPL 1D I AAPL average price target is $165. After reporting earnings AAPL has been consolidating in a triangle. Waiting for a breakout above $150. NFLX 1D I Last Friday we picked up some unusual activity betting on NFLX $565c 09/03. Setting alerts on a breakout above the $560-$561 price level.
NASDAQ:NVDALong
by optionsswing
$AFRM $NVDA $AAPL $MSFT I OptionsSwing Watchlist AAPL , 1D LongAFRM 1D I AFRM possible inverse head & shoulders. Last Friday we picked up some bullish unusual activity trade betting on AFRM $70c 09/17 @ $3.04. NVDA 1D I After reporting earnings NVDA made a quick recovery and is now testing ATH levels. With volume and bullish unusual options activity betting on a breakout. AAPL 1D I AAPL average price target is $165. After reporting earnings AAPL has been consolidating in a triangle. Waiting for a breakout favoring the upside. MSFT 1D I Just as expected MSFT broke out of our ascending triangle. We now want to hold $300 to see a continuation, with $312 being the next resistance.
NASDAQ:MSFTLong
by optionsswing
$AFRM $ROKU $AAPL $MSFT I OptionsSwing WatchlistAFRM 1D I AFRM broke out from a downtrend, we are seeing an inverse H&S. After holding the breakout, and earnings on 09/09, we are expecting a run up. ROKU 4H I ROKU has been sliding and has lost 25%+ of its value in less than 20 trading days. RSI might show a slight bullish divergence, watching for a reversal. AAPL 1D I AAPL average price target is $165. After reporting earnings AAPL has been consolidating in a triangle. Waiting for a breakout favoring the upside. MSFT 1D I MSFT successfully held the breakout from the channel, and is now pushing higher outside our ascending triangle. Average price target is $320.
NASDAQ:AAPLLong
by optionsswing
2