$AFRM SUPPLY AND DEMAND ZONES
What’s up everyone!
Let’s take a look at AFRM.
-11/10/21 AFRM reported bad earnings and price dropped down the 4hr demand and bounced up.
-Price is currently trading below the 20 day moving average which is bearish.
- I see a head and shoulders pattern forming on the 4hr timeframe.
-If we break below the 4hr demand zone, $131.68 we can target the next demand zone below which is $123.38.
Let me know what your thoughts are in the comments!
Thank you for stopping by!
DP
Let’s take a look at AFRM.
-11/10/21 AFRM reported bad earnings and price dropped down the 4hr demand and bounced up.
-Price is currently trading below the 20 day moving average which is bearish.
- I see a head and shoulders pattern forming on the 4hr timeframe.
-If we break below the 4hr demand zone, $131.68 we can target the next demand zone below which is $123.38.
Let me know what your thoughts are in the comments!
Thank you for stopping by!
DP
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