NASDAQ:AFRM double top insight on the weekly chart, a development that is garnering attention from both bears and bulls in the market. Bears are keen on seeing the stock reach this critical level soon, as it could indicate a reversal and a potential downturn. On the other hand, bulls are looking for signs of bullish consolidation, as this could provide the...
If you're swinging calls short term, then congrats on the crazy rise. And who knows, it could go to $40 in the short term.
If you're a long term investor however, the inevitable will eventually catch up to this company. This company is not profitable, and they keep being super aggressive and increasing their losses as they generate more revenue. In a climate...
While the initial breakout is an important indicator, the key now is to wait for confirmation of this trend. Confirmation refers to additional signs or signals that reinforce the breakout's validity, suggesting it's not a false or temporary movement. After confirmation, investors and analysts often anticipate a pullback, a slight reversal or dip in the stock's...
The stock of Affirm Holdings, Inc. (ticker symbol: NASDAQ:AFRM ), has demonstrated a technical pattern known as a "Double Top." This pattern is identified on the chart by two distinct peaks at approximately the same price level and is considered a bearish reversal formation. It typically indicates that the stock has attempted to break through a certain price...
Affirm Holdings, Inc. (NASDAQ: AFRM) is a BNPL service provider that rose to prominence during the pandemic. Currently, the stock is up more than 60% since releasing its 2023 annual report, despite the Fed’s tightening policy showing its impact on the company’s operations. With the student loan repayments resuming last month after a 3-year pause, the company may...
If you haven`t bought AFRM ahead of the previous earnings:
or when you saw those big puts adding:
Then Analyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 20usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.17.
If these...
Shares of payments provider Affirm (AFRM) jumped more than 19% after expanding its partnership with Amazon (AMZN) to offer buy now, pay later (BNPL) services to the e-commerce giant's business-to-business (B2B) clients.
Thousands of small business users on Amazon Business—most of them sole proprietors—stand to benefit from expanded payment options that include...
Last time, AFRM puts were profitable:
This week, Affirm Holdings (AFRM) saw a notable increase in the acquisition of puts with a November 3rd expiration date, set at a $17.50 strike price with a premium of $0.67.
Affirm operates within the "buy now, pay later" model, which has also been dubbed as "pay never" by some analysts.
However, it's worth noting that...
Gap up and hold the gap on high volume. Great stock behavior in my mind. If it can hold this area and push above $20 then I will load this stock. $20 alert is what I'm waiting for. NASDAQ:AFRM
CNBC has reported recently the surge of AFFIRM shares after better-than-expected results as per the screenshot above.
AFFIRM (a buy now pay later business) has published some exciting highlights.
Let us look at their GAAP and non-GAAP reconciliation in detail:
AFFIRM makes a profit in the most recent quarter by using non-GAAP measurements. Using the whole...
AFRM jumped about 27% from a decent earnings beat on Thursday August 24th.
It is now sitting in the tip of a bullish pennant pattern and at the POC line of the
volume profile. The dual time frame RS indicator suggests strength is above 50
after the close of the week fade. The MACD lines crossing and above the horizontal
.
zero suggests this is simply a rest...
🔹Breakdown support of rising trend channel in the medium long term.
🔹Support at 13.81 and Resistance at 19.99 in Rectangle formation
🔹Slightly risen above the resistance level of 17.
🔹Technically POSITIVE for the medium long term.
Chart Pattern:
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle...
![AFRM: AFRM - Rising Trend Channel [MID-TERM]](https://s3.tradingview.com/i/IawwAs7f_mid.png "AFRM - Rising Trend Channel [MID-TERM]")
