Apparently a bullish flag is forming, and price is dancing at the bottom of the flag. There is another support at 30 in case the flag is busted. It could take a few more weeks but risk and reward rate is good.
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...
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...
Greetings, 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...
AFRM is tightening into a wedge on the daily chart. Trying to break out and now sitting up above all three major EMAs. 12% short interest could add fuel to the fire if this decides to squeeze.
The 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...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NASDAQ:AFRM ...
I believe this code is at a point of potential volatility.
If price can hold above $38.01 ... Bullish potential may be unlocked.
My key upside targets include:
- $46.50 (Conservative)
- $61.09 (Medium)
- $77.15...
Affirm ended 2023 with a sharp rally. Now, after two months of consolidation, some traders may look for further upside.
The first pattern on today’s chart is the $36.12 level, a weekly low from early December. The buy-now-pay-later stock has tested and held that price, which may suggest that buyers are lurking.
Second is the falling trendline that began at of...
Affirm Holdings Inc. (NASDAQ: NASDAQ:AFRM ), a leading player in the booming consumer financing sector, recently unveiled its fiscal second-quarter earnings, sending mixed signals to investors. Despite surpassing revenue expectations and narrowing its losses, the company's stock witnessed a slight dip amidst concerns over its guidance amidst market...
AFRM is really interesting
1. Three White soldiers
2. MACD is inverting
3. SRSI is low and up-trending
AFRM earnings are coming up as well
Position opened
AFRM, moving like a crypto chart after it's last major sell off last year.
After bottoming and accumulating throughout 2023, it went through a ramp up in Q4 '23 and started 2024 with a retest and is now moving back up.
Similar to SQ, if this doesn't shit the bed in their earnings report, this has room to run to fill gaps through 60. Let's see how this plays out.
Analyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 37.50usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $3.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The Federal Reserve's policy of keeping interest rates higher for a longer period could potentially have several effects on buy now, pay later (BNPL) companies:
1. **Cost of Capital**: BNPL companies often rely on borrowing to fund their operations and offer financing to consumers. When interest rates are higher, the cost of borrowing increases for these...
AFRM is getting tighter and tighter as it retraces back toward the 50 EMA. A red to green entry tomorrow would be perfect, and could see us retest the high of $52.
