$AFRM appears to have bottomed and looks good for long entry.
Notes in chart, but the technicals look good with bullish option flow to support the thesis.
Whale bought 5/20/2022 110C for $4.8M in premium
Stop loss at $92 with first PT $116 , a break above implies $135
Notes in chart, but the technicals look good with bullish option flow to support the thesis.
Whale bought 5/20/2022 110C for $4.8M in premium
Stop loss at $92 with first PT $116 , a break above implies $135
Comment:
Stopped out and will look to re enter after confirmed uptrend , NASTY day for AFRM longs