AFRM update Daily timeframeupdated count with possible invaildation in minor 3 over 423.6% of minor 1.
AFRM trade ideas
Affirm ShortAMAZON deal has been clouded for a terrible earnings. Inflations rising, this news would’ve been great when everyone was receiving hand outs. We should see a 133 drop, if there’s support then it’ll bounce if not then sub 100s. Amazon news just making this bleed out slowly.
Affirm IPO buyers had made double, what about you ?Fret not, if you have not participated in the IPO shares of AFRM, here's your chance again though the price may be higher.......
Note there is a gap up yesterday after it released its good results,read article here
strategy AFRM for monday 11/08/2021AFRM: buy price (169.00)
AFRM: sell price (163.00)
strategy: we will confirm our bullish entry above the buy price, we must wait for confirmation, one important thing is that afrm is making its 52wk high, it also has an inside bar on the daily chart.
our bearish entry: it would be a much better bearish gap and go, if it manages to break the previous day's low of 159.65. possible profit taking in demand zone 152.85.00 and 146.90.
Note: always remember to mark the support and resistance in the pre market hour
AFRM SHORTThis will be an unpopular opinion but this ascending wedge in declining volume coming up into earnings is concerning. Anchored VWAP from the gap up and the 50 day moving average around 130 should support it for a nice re-entry point
AFRM - Finally broke the consolidationAFRM - Broke the 2 weeks consolidation.
Wait for the follow through confirmation ,It will pick up the steam coming weeks if the price sustains at this level tomorrow.
AFRM Updated verison daily frameupdated count
its foolish to short this chart, waiting for some confirmation would be the only reasonable decision.
looking for resistance near 180
AFRM Head and shoulders shortthis was not posted on time but here is another head and shoulders banger that hit on AFRM Charts
All Time High created for AFRMAffirm has been trading in a strong uptrend and recently touched its all time high and has been trading at higher levels. It has potential to touch 200-220 with in a few days in this rally before any significant profit booking happens.
Disclaimer:
For educational purpose only. All disclaimers apply.
AFRM: Consolation & BreakoutVolume is falling. I think folks wanna see what will come of earnings & that will be the catalyst in the breakout - for whichever direction. Up or down. From here some consolidation is in order.
Good luck to everyone!
$AFRM - potential 75% upside with C&H breakouthandle is currently being formed.. so potential upside 75% with breakout from that massive cup & handle pattern.
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
AFRM: Growth is back!Numerous growth stocks are soaring after market chilling about inflation concerns. AFRM broke above is weekly downtrend and has beat its 20 day high with massive volumes. Target 80.
Key levels $AFRM1) Testing $155, support from previous breakout
2) $153.40, right on the fib support, previously resisted on two other occasions, followed by a breakout - Bullish rectangle pattern
3) Watching for a test at $160, I believe it'll be rejected and $160 will be the new resistance
AFRM BreakoutAFRM breaking out of IPO base
7 Month Long Base
Nothing much to add, want to see a continuation now
AFRM - Looking for $192 - $200Is just one you're going to have to have some exposure to. If the market weakens and pulls back some, this is to be bough. Look to take longer dated calls ATM (at the money) on this C&H breakout.
$117-$124 should be very solid support on any weakness.
PT: $192-$200
$AFRM Affrim Fibonacci Breakout Targets
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Affirm Holding : CMP 146Stock Trading near previous All time high...if stock breaks 151 on closing then Can create long position and hold it till hit A Stoploss of 127...
If stock Not able to Cross previous high then will expected to start correction on hourly Chart and prices expected to come down to near 120
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
AFRM---nearing top in extended three?AFRM possible great value esp with larger wave 5 in broader market...credit galore
$AFRM - requestThis will be the last one I do today:
AFRM - looks like it is in a primary wave 5, and in the first impulse of the primary wave 5. We should be reaching a peak of intermediate wave 1 very soon of this primary 5. That wave 2 down will be a BTD (invalidation is 105 area - wave 4 bottom). Would be smart to wait to get in until after there is a clear 3 swing down. (if not already in). If in I would use a stop loss at this point
If we extend into 5 we could be seeing AFRM get up to around 200 a share before the primary wave 5 peaks
NOTE: AFRM has a tendency to go vertical and is very volatile - more volatility less accurate Elliot waves tend to be (mainly because they are hard to properly count until the moves are complete). Be mindful of that
