AFRM Short 2/28 - 3/10Short on AFRM on 2/28. Sold Call Credit Spread $13.5/$14 with expiration 3/10. Target 1: 13.31 Target 2: 12.88 Considering closing and/or rolling if price rises above $14 OR is loss 50% or greater. Close for profit at 70-85% profit.Shortby rubinspe87Updated 1
AffirmI put buy orders today for 12.86. I got filled. I looked at it as a backtest of previous downtrendinf reistance. We bounces off it bud now losing a current uptrend. Biggest reistance is 13.88 so we could be headed there. If we can breakout and hold as support this could be a sick trade and most profits for me will be taken around 15$. If we can flip that to new support we would be looking higher but a 2$ move from here for me will be. Big win. Size accordingly. Stoploss for me is 11.80Longby ErictaylorPublished 110
$AFRM Trade Idea 2/6/23$AFRM AFRM has had some nice movement after finally breaking back above 17 area. Earnings coming up this week on Wednesday. If we see a positive reaction to earnings AFRM can run to the 23,24 level. If there is a negative reaction we can see a 5+ point drop to the downside towards 13 again. Trade Idea: AFRM 2/10/23 20 calls (ER Lotto) Entry: Hold above 18 or Back test of 17 Target: 22.50 Roll: 25 calls above 22.50 Longby MoneyFlow_Options_CommunityPublished 440
Watchlist 2023-02-03 #GOOGL #AFRM #JWN #LAZR #AMD SPY came very close to reaching 420 resistance yesterday. But failed at 418. If the bullish momo continues we need to hold 413.46, some early fake outs below might be enough to flush some longs. However, if we get below and stay below, the bias is short until we form type of inverse H&S on the 5, 10, or 15 min. Payroll expected number 187K, actual ~500K, negative catalyst for the market as the jobs market continues to show resilience. Packaged software showing the most weakness in the pre market with room until next support. Short watches, AFRM,LAZR, ASAN, U GOOGL - Missed earning, said revenue from its advertising business, which includes Search and YouTube, fell 3.6%. Now below PD low, 200 MA, and the key pivot at 104.90. Minor pivot support at 102.24. Will likely get an early flush so RR wont be super favorable off the open. May need things to settle and wait for a VWAP retest and fail. JWN - interesting short idea if we see failed follow through momo Long watches: AMD - potential for pull back at 81.60 if we see short momo settlingShortby UnclePennybagssPublished 0
$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.Longby IvanLabrieUpdated 3
AFRM consolidating for dropAFRM has been stuck in a range at the bottom of its recent drop, consolidating. I predict a break below the bottom of the channel (possibly after another retest of the channel top), retesting the recent low of 10.70 during an impulsive selloff Thursday. Poor fundamentals (negative earnings, rising cost of financing, dropping consumer spending) provide a tailwind for this trade.Shortby StockJockey_IIPublished 0
scalp to 20+I'm a buyer below this green line. Since this turd plummeted through the 200 DMA it hasn't managed to touch it again... I think that will change w the next rally. (I believe the S&P will retrace to ~3700 then to 4150+ to conclude this B wave Right now a buy in the single digits and psychological support around $10 makes sense to me and/or a buy when SPX retests its 200WMA around 3650. Just a scalp not a HODL here.Longby chinawildmanPublished 114
Sold off with a bunch of double bottoms forming Signaling upside with double bottoms on minute charts to day chart and hours charts. Looks very bullish for a short term outlook at least it should regain some of the big losses it just took. I'm going to get a weekly call. Longby Sawyer170Published 221
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.Shortby legacyFXofficialPublished 114
AFRM Affirm Holdings Options Ahead of EarningsLooking at the AFRM Affirm Holdings options chain ahead of earnings, i would buy the $14.5 strike price Puts with 2022-11-11 expiration date for about $1.16 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 445
$AFRMDifficult to short here after a clear 5 down from highs a 3 up from May lows and a three down into secondary lows ..so safest is to short the next 5 up by raulmarcusbrunoPublished 0
Affirm AFRM current BULLISH thesis level by levelLets NOT get out of control with the expectations and when and where this should go. Lets instead play this level by level by level as we watch the movements and levels of the SPX and Nasdaq. This WILL give us our overall limits and projections we can work with UNTIL we get our OWN narrative to run on our own. Pay attention to the levels for Support (S) and Resistance (R) as well as you can see the GAPS that need to be filled marked by the Yellow STARS for you to make it EASY ... by rarebreed29Published 2
Affirm 16.25 area has held again. If this continues to act as support could Be looking at a large descending trinagle building here. Upper resiatnce is also aligning with the 200 daily at 30. We also have 21 week and 50 and 100daily at around 23/24$. Could be a good area to try and buy up with stops below or watching for any daily closes and opens velow 16.20. Im interested in this long swing postion if we can get another test Longby ErictaylorPublished 2
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 16:49by rarebreed29Published 1
AFRM Looks bullish in the hourly chartSeems that AFRM has created a falling wedge in the hourly chart.Longby juvitoPublished 0
AFFIRM HOLDINGS, INC - BULLISH SCENARIOAffirm Holdings Inc reported its Q4 earnings on 25/08. The results topped the expectations and revenue rose to $364.1 million from $261.8 million, while analysts were looking for $355 million. Growth of the Active merchants and consumers was reported as well The next price target is located at the $45 resistance level 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.Longby legacyFXofficialPublished 223
$AFRM poised for Earnings🔸️Ticker Symbol: $AFRM timeframe: 4H 🔸️2X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: AFRM is slotted to post earnings heading into tomorrow's after hours, and I think we will get a decent indication of trend and momentum throughout Thursday's trading session. Taking a peak at previous price action, AFRM, has posted positive revenue growth, and price typically follows the reaction to the high side. There is a ton of insider activity that promotes positive feelings from within the company, and we can validate this on the current options board; posting more than $50k in call options on this Friday's $30 call strike. From a technical analysis, money flow looks to run positive, and price is currently holding a decent trend line; as we look to start the uptrend following the downhill phase of this "Bump-N-Run" pattern. 🔔 Follow for daily stock, crypto and forex technical analysis . ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.Longby cj-Published 1
AFRM- Possibly making a cupThis chart is very similar to the RBLX chart i posted a month ago. Earnings are this week. I can see a potential ride up to $48-$50 target, Has to break through the $42-$43 gap, but if this week is green we might see it end of week. I currently have a long term position but other than that I'm not trading or plan to take a position unless we get a slight pullback into $36.50 area.Longby Kon_QuorUpdated 221
AFRM Let's RideAffirm only accepts customers with the highest FICO scores, who are less sensitive to a slowing economy.Longby UnknownUnicorn6395641Published 1
Affirm is leaving accumulation zone. Looks like Affirm found a bottom and has been in accumulation phase for a few weeks now. It's already trading above the 100 MA on the daily. MACD histogram is forming a nice hump. The old trend was broken on July 7th. First take profit target is around $47-$50. Longby MoneyForNothingAndPipsForFreePublished 111
AFRM SWING TRADE ( ASCENDING CHANNEL PATTERN)NASDAQ:AFRM AFRM has ran 30% for the first third of August Indicators on the chart validate the uptrend. FINTECH has been a good sector of late, This is looking like a good swing trade or call option. Please offer your opinion Longby AwesomeAvaniPublished 0
AFFIRM HOLDINGS, INC - BULLISH SCENARIOIt seems like the local resistance of $ 32 is not going to stop Affirm Holdings and the breakout is inevitable. The next resistance may be reached before the next earnings report on the 25th of August. A successful breakout will push the price to the $47-$50 resistance level. 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.Longby legacyFXofficialPublished 5
AFRM - longOne of the stocks that looks pretty promising. The base is formed. Flag Fibonacci correction Above 50 EMA. Resistance level has become support That does not mean we should buy now. But I suggest to watch for a further move.Longby Myst_TraderPublished 5