Flagging on daily. Double bottom set. If markets keep moving this catches momentum
After the new integration of Affirm Holdings, Inc. (NASDAQ: AFRM)’s pay-over-time technology in Amazon (NASDAQ: AMZN) Pay, AFRM stock jumped more than 21% considering the potential revenue boost AFRM may receive from this deal. Meanwhile, the improving macroeconomic situation in the U.S. can help AFRM as Americans’ purchasing power increases again. With the stock...
Greetings, traders! Today, I am excited to present a compelling short trade opportunity that focuses on capitalizing on a potential downward move towards sellside liquidity. This trade offers an attractive risk-reward ratio, providing a favorable profit potential. Based on careful analysis, I have identified a promising setup for a short trade. The entry point is...
AFRM flagging on the daily, coming off a double bottom. If markets can continue buy the dip regime. This can catch some momentum.
AFRM flagging on daily after putting in a major reversal off double bottom and breaking market structure with higher high, increasing volume shows buyers are present in this name. If markets continue buy the dip regime we've been in for a while this could swept up in the momentum
Most fintech companies have been suffering as of late due to the rise in interest rates over the last year, coupled with the failure of multiple banks during recent months. Affirm Holdings, Inc. (NASDAQ: AFRM) is a fintech company that recently unveiled its Q1 earnings report where the company beat both revenue and EPS estimates. Despite this, AFRM dropped by as...
Double bottom w/ bullish divergence on both macd and rsi off support. Easy R:R and easy to read chart. Good luck!
The price is squeezing into the symmetrical triangle. The $10 level proved to be a strong support so I think is going to break out to the upside. I just opened a long position, it may open with a gap up next Monday.
AFRM Affirm Holdings, Inc. Will Affirm (AFRM) stock fall after Apple Pay Later Launch or rise? Take a look at the chart! Tactical Idea Long above 11 Risk/reward ratio 3.65 Target 14.3 Stop 10.35 This announcement is for information purposes only and does not constitute an individual investment recommendation or an offer to purchase such securities. LASVEGAS 13...
We can see price has been trading within the 10.75 and the 9.25 zones since the middle of March. Today we saw a strong push upwards that may continue and end up breaking to the outside towards the 12.25 zone. We'll keep an eye on this stock and react accordingly.
Shorting opportunities to the previous lows available in swing. but it is at 50 DMA so expecting some level of support as seen in last 2 days . but overall looks weaker
Short on AFRM on 2/28. Sold Call Credit Spread $13.5/$14 with expiration 3/10. Target 1: 13.31 Target 2: 12.88 Considering closing and/or rolling if price rises above $14 OR is loss 50% or greater. Close for profit at 70-85% profit.
I put buy orders today for 12.86. I got filled. I looked at it as a backtest of previous downtrendinf reistance. We bounces off it bud now losing a current uptrend. Biggest reistance is 13.88 so we could be headed there. If we can breakout and hold as support this could be a sick trade and most profits for me will be taken around 15$. If we can flip that to new...
$AFRM AFRM has had some nice movement after finally breaking back above 17 area. Earnings coming up this week on Wednesday. If we see a positive reaction to earnings AFRM can run to the 23,24 level. If there is a negative reaction we can see a 5+ point drop to the downside towards 13 again. Trade Idea: AFRM 2/10/23 20 calls (ER Lotto) Entry: Hold above 18 or...
SPY came very close to reaching 420 resistance yesterday. But failed at 418. If the bullish momo continues we need to hold 413.46, some early fake outs below might be enough to flush some longs. However, if we get below and stay below, the bias is short until we form type of inverse H&S on the 5, 10, or 15 min. Payroll expected number 187K, actual ~500K, negative...