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.
Observing the price action of NASDAQ:AFRM , it is evident that it has been navigating through a corrective wave since its inception. Recently, it has culminated the larger corrective Wave B, under which it has also completed the primary Wave C. The completion of Wave C was marked by the termination of Wave 5. This progression implies that NASDAQ:AFRM is now...
AFRM has pulled back to support around 41.80, next level possibly retrace back to high of 52.
There's quite a few of these setups right now. AFRM is in a falling wedge in an uptrend. Looking for a break upwards soon.
AFRM pulled back below the 20 EMA on the daily. First attempt to break back above. Good risk reward spot to go long in my opinion. Targets $48 and $50
Per request, Levels for AFRM next week. Looking at the hourly HA chart, It does look like we can see a bit of upside movement into the next week. Some other things I am seeing that make me think we could see a slight move but overall the trend is down for AFRM in my opinion. However, AFRM is at the bottom of its monthly levels: Overall thought is a slight...
Affirm Holding's stock might rebound if it approaches to $35 per share. If the price stays between $34 and $35, there's a chance for a gain of 20% to 30%. In this scenario, the target range is approximately $42 to $45.5.
I mean is it really that complicated that within the next month we are going too see a bloody XMAS!
Affirm is looking overbought, double top, volume was decreasing on this last little leg up to form the second top. good risk to reward potential for a short. price targets listed on chart.
A lot of bullish order flow coming in. Entering long on market open on Tuesday. Please trade at your own risk. This is MY personal trade. I am posting this for educational purposes only.
About a month or so ago I was in a walmart self-checkout line on the west coast of the U.S. and noticed it had Affirm as a payment option. this is the good ol, buy the rumor, sell the news. Whales already were buying the stock lows, knowing an impending credit crisis is looming and the consumer will just find new ways to spend, and AFRM was the first of its kind....
Pretty straight forward stoploss and profit target. This might of course not workout at all but to me it seems like institutions have built a position in Affirm during the last couple of weeks. I believe this due to the constant super high volume and it was most buy side. Seen this in swedish stocks like Addlife recently. Constant inflows and it was funds that did...
NASDAQ:AFRM should def be on your watch list going into 2024. To keep my analysis simple, we can see a major inverted head and shoulder forming with an approach to the neckline after completing the head. We can see a high probability of a rejection at this neckline due to the RSI showing overbought on the daily/weekly. I wouldnt short the neckline due to the high...
After a brief period of consolidation, it is currently attempting to break through a recent resistance level. When it crosses $20.05, we can add 50% of the position, and when it is correct, the remaining 50% can be added around $13–14. The chart contains the target and stop loss.
NASDAQ:AFRM Hi Look nice on daily, bound from resistance after long time to the upside someone need to take some profit off the table hit same resistance as lastt time looking for 2 fib level correction and continue in the long run to the upside Enter Short at 40.3 SL 43.3
AFRM had a nice run up to the current level, but I would be cautious here, since it looks like a double top in the making. If price starts to drop , it'll probably ty go as low as $25.