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Affirm Holdings, Inc.Affirm Holdings, Inc.Affirm Holdings, Inc.

Affirm Holdings, Inc.

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AFRM trade ideas

AFRM Long PositionHi traders, Taking a closer look at Affirm Holdings, Inc. (AFRM), we can observe the formation of a falling wedge pattern over the past few weeks, indicating a potential bullish reversal. Affirm, a leader in the buy now, pay later (BNPL) industry, has been navigating through some market volatility. Despite the challenges, Affirm's innovative approach to consumer financing and its growing partnerships with major retailers highlight its strong market potential. The falling wedge pattern is characterized by converging trendlines, where both the highs and the lows are declining, but the highs are falling faster than the lows, forming a wedge shape that slopes downwards. This pattern often signals a potential reversal from a downtrend to an uptrend. As AFRM approaches the apex of the falling wedge, a breakout above the upper trendline could confirm the bullish reversal. Entering a long position upon confirmation of the breakout appears favorable. 1st Take Profit: 39.85 2nd Take Profit: 47.48 Final Target: 52.51
NASDAQ:AFRMLong
by vf_investment
2
💳📈 Affirm Holdings (AFRM) Analysis 🔍📊Market Position: Affirm Holdings NASDAQ:AFRM is a leader in the rapidly growing buy now, pay later (BNPL) market, particularly popular among younger consumers. Strategic partnerships with major retailers like Amazon and Shopify distinguish Affirm from its competitors, positioning it to capture significant market share. Service Expansion: A recent expansion of services with Walmart now includes pay-over-time options at self-checkout kiosks in over 4,500 stores, which could drive higher adoption rates and transaction volumes. Investment Outlook: Bullish Outlook: We are bullish on Affirm Holdings above the $30.50-$31.00 level. Upside Potential: With an upside target set at $54.00-$55.00, Affirm's strong growth potential and advantageous position in the BNPL market are noteworthy. 📈💳 Monitor Affirm Holdings for promising investment opportunities! #AFRM #BNPL 🔍📊
NASDAQ:AFRMLong
by Richtv_official
$AFRM LongLooks like NASDAQ:AFRM is putting in a base and is ready to climb back to the VWAP of $43.42 area. RSI is steady in rising and MACD is slowing showing some promise. JP Morgan just recently raised the target price to $43 target which is where the VWAP is currently. This should be a nice swing trade over time. Of course, if it breaks below $29.49 that'll be the stop loss point to regroup and consider a different entry point. NASDAQ:AFRM has had a great Day, Week, and Month to date.
NASDAQ:AFRMLong
by GlennTrading
Affirm Holdings: Astute SpeculationFundamentals: Affirm Holdings provides IT solutions for digital and mobile-first commerce. It is in the finance and payment industry just like Paypal or American Express. The company tries to differential itself from credit cards by not charging fees, but an agreed payment. Both sales and earnings have been accelerating.] and exploding, but the earnings have not been over 20% for many quarters. Funds seemed to be trickling in although not my favorite funds. This stage of buying is still early and speculative. Technicals: IHS pattern Stage 3 Crown pattern with valid pattern volume. uHd Extreme bullish indicator pb to 50% fib Price wedging and a bullish kicker pattern has formed with higher volume at the 50% fib support. Comment: Based on the pattern alone, I think something is brewing and will develop later. Entered at 33.40. Target is at 88 and 170 (the all-time-high of 2021.
NASDAQ:AFRMLong
by Rocketman
The Rise and Fall of AFRM - The Fed, Economics, other factorsMy prediction is consistent with recent performance, which is to say I see it falling and I predict further downside. What I see since their earnings announcement is a bounce that took price up to and just above the 50% retracement (on Thursday afternoon) and another bounce to 61.8% (this morning, from Friday's low.) Draw your own Fibs and see what you find... The levels marked on this chart are illustrative of my question, will price rise again to levels I consider out of range and inconsistent with recent performance, or will the price fall to below $20 where buyers are likely to find AFRM a "bargain" hard to resist. AFRM is affected by interest rates - or appears to be directly impacted by Fed rate announcements. The economics I propose are these - people are eventually going to pull back on spending, with prices of all necessities hitting all-time highs. You can look at this two ways; will people be more likely to use AFRM to pay over time, or will people slow their spending to the degree that AFRM will not be used by people who already are struggling to pay the bills they have today? Other factors impacting AFRM's price include, days to cover shorts (only four days of avg volume), negative stats on returns and margins, etc. Yahoo Finance has all of this for you. Shares Short (4/30/2024) 4 29.98M Short Ratio (4/30/2024) 4 6.08 Short % of Float (4/30/2024) 4 14.41% Short % of Shares Outstanding (4/30/2024) 4 9.72% Shares Short (prior month 3/28/2024) 4 29.94M The likelihood of a short squeeze rally is slim. And I'm buying PUT contracts in anticipation of further downside. As always, arguments to the contrary are welcome. Almost any and all feedback is helpful. Tell me, what do you think?
NASDAQ:AFRMShort
by BrianDreamTrader
Affirm Posted a Smaller-Than-Expected Loss Stock down 9.11%Consumer financing firm Affirm Holdings ( NASDAQ:AFRM ) reported a smaller-than-expected loss in the March quarter, while revenue and other financial metrics beat Wall Street targets. Guidance came in above expectations, and Affirm stock was down 8.8% in morning trading. The company reported a 43-cent per share loss for the three months ended March 31, compared with an 86 cent per-share loss in the year-earlier period. Affirm said revenue climbed 51% to $576 million, with revenue minus transaction expenses coming in at $231 million compared to estimates of $217 million. Gross merchandise volume rose 36% to $6.3 billion, and the new Affirm Card brought in $35.67 million in revenue, up 21% versus estimates of $37 million. For the current June quarter, Affirm ( NASDAQ:AFRM ) expects revenue of $595 million at the midpoint of its outlook, topping estimates of $579 million. It forecasts GMV of $6.85 billion, edging by estimates of $6.65 billion. NASDAQ:AFRM stock had retreated 27% in 2024 prior to the release of fiscal Q3 earnings but has clawed back above its 50-day moving average. Affirm is one of the biggest providers of buy now, pay later installment payment services, with its initial public offering raising $1.2 billion in January 2021.
NASDAQ:AFRMShort
by DEXWireNews
AFRM -- approaching decision time!There's a nice symmetrical triangle setup for AFRM on the 15-minute chart, which should resolve in the coming week, and likely in explosive fashion. Adding extra spice to that is the yellow line that seems to head straight for the intersection of the declining (red) line connecting the recent highs and the ascending (green) line connecting the recent lows. What is that yellow line? It's the VWAP going back to the stock's 2021 IPO. For young stocks (under 5 years), this is often a highly relevant level. An initially uncontested break of that line, such as happened in early December, is always highly suspect to me. So I am not surprised that the stock ran out of steam and retraced its way back to that VWAP (almost to the penny!) on Feb 1. For the last 6 weeks, AFRM has oscillated around that important level, but I imagine that the symmetrical triangle setup will finally resolve the direction for the coming weeks and months. Once either the red or green line is broken by 25¢ or more, I plan to enter in the direction of the break.
NASDAQ:AFRM
by matthias
$AFRM: 🚨 Road to $55 🚀Hi everyone, Affirm Holdings ( NASDAQ:AFRM ) seems to be capitalizing on their consumers' repayment abilities, showing promising technical signals. Currently, the hourly and daily indicators are tightening, hinting at potential explosion in either direction (Upside likely). Should the price surpass the daily and monthly resistance levels, accompanied by the hourly or daily indicators crossing above the monthly, we could see a surge towards $55, with the weekly indicators serving as a potential support level. Good luck!
NASDAQ:AFRMLong
by SierrasTrades
Riding the Waves with Affirm Holdings An Elliot Wave PerspectiveGreetings, fellow learners of the financial markets! Welcome to RK_Charts, and today, let's delve into an educational exploration of Affirm Holdings. Technical Insight: Affirm Holdings is currently trading near $36.70, showcasing an intriguing Elliott Wave pattern. Having successfully navigated through waves (1), (2), and (3), the stock now finds itself in the midst of the corrective phase, wave (4). Within this phase, wave C is on the verge of completion, having completed waves A and B. Detailed Wave (4) Analysis: Zooming in on wave C, the intricate journey unfolds with meticulous completion of waves ((i)), ((ii)), ((iii)), and ((iv)). As we stand on the precipice of the final leg which can show little new Low also possibly with Bullish Divergence, wave ((v)) beckons, potentially signaling an upcoming bullish move, So new Low can be an opportunity at lower levels. Educational Purpose Only: This analysis is presented solely for educational purposes. It is crucial to understand that market dynamics are multifaceted, and investing involves inherent risks. Always conduct thorough research, factor in personal risk tolerance, and consider seeking advice from financial professionals. Invalidation Level: In this educational context, an invalidation level is established at $30.65. This level serves as a precautionary measure, signaling a point at which the current analysis may no longer align with market movements. It's a reminder of the importance of risk management in any trading or investment decision. Potential Target: For those intrigued by market dynamics, consider the educational exercise of contemplating a long position in Affirm Holdings. The anticipated target of $52.50 aligns with the top of wave (3), illustrating a potential upward trajectory. Conclusion: In the realm of financial education, Affirm Holdings provides a captivating case study. Approach this analysis with a curiosity for learning, acknowledging the fluid nature of markets, and embracing the importance of risk-aware decision-making. Happy learning I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NASDAQ:AFRMLong
by RK_Chaarts
Finding MACD Crossovers On TradingViews Screener 2.0The MACD is one of the most often used indicators by traders of all levels due to its ability to communicate a wide variety of signals such as momentum, value, change of direction etc. Here is how to use TradingViews new 2.0 Screener to easily spot and get alerts for stocks that meet these conditions. If I was to make this video again, what I would do is instead of showing stocks that have JUST crossed today. I would show stocks that have crossed but are still below the zero line - so they may have had a couple of days of momentum to show the strength of the change in direction. You can of course take this same approach with pretty much any common indicator and settings you wish to apply. Hope its useful.
NASDAQ:AFRMEducation
by zAngus
4