If you haven`t sold AFRM here: 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 14.50usd strike price Puts with an expiration date of 2023-8-25, for a premium of approximately $1.12. If these options prove to be profitable prior to the earnings release, I would...
NASDAQ:AFRM If the price of AFRM breaks above the bullish line of 17.33, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 17.96 and 18.72. Conversely, if the price of AFRM breaks below the bearish line of 16.11, it may suggest a bearish signal, implying potential downward price...
Got sold hard yesterday into the supply zone, despite good news, but that proved to be backtest of breakout level at 16, which was held and it got yesterday's gains back. Two overhead levels to watch, first at 600DMA around 19-20. Second, is overhead supply at 22. IMO yesterday's sell-off was test of 200DMA and today's PA tells us that bulls like the...
NASDAQ:AFRM short squeeze, above all moving averages. The 20 day the 50 day and the 200 day moving average. Resistance at the horizontal line.
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.
$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...
With the amount of signals I am seeing (about 20 long ideas here), many being growth names, it is clear the market is pricing in a more dovish Fed, inflation cooling down and a soft-ish landing...I wonder if this will become a trap as all these setups fail simultaneously after FOMC? For now, it is what it is and charts call for long exposure. $AFRM has a nice...
The Affirm`s downtrend seems unbreakable. The price has already reached an all-time low, and the next logical support is the psychological level of $ 10. Worries over the macro's impact on the financial model, especially the deteriorating consumer credit profile combined with lowered fiscal 2023 outlook on gross merchandise volume to a range of $20.5 billion to...
Looking at the AFRM Affirm Holdings options chain ahead of earnings, i would buy the $14.5 strike price Puts with 2022-11-11 expiration date for about $1.16 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Lets NOT get out of control with the expectations and when and where this should go. Lets instead play this level by level by level as we watch the movements and levels of the SPX and Nasdaq. This WILL give us our overall limits and projections we can work with UNTIL we get our OWN narrative to run on our own. Pay attention to the levels for Support (S) and...
I'm Long Affirm and will continue to DCA the lows. I think that even if all other stocks crash and get Zero gains from now until next year. I think it's Highly likely that Wallstreet will create a narrative and pump Affirm. I think that the overall idea of lack of cash and credit this year as well as it being hard for many to afford Xmass shopping and or even food...
Seems that AFRM has created a falling wedge in the hourly chart.
NASDAQ:AFRM AFRM has ran 30% for the first third of August Indicators on the chart validate the uptrend. FINTECH has been a good sector of late, This is looking like a good swing trade or call option. Please offer your opinion
One of the stocks that looks pretty promising. The base is formed. Flag Fibonacci correction Above 50 EMA. Resistance level has become support That does not mean we should buy now. But I suggest to watch for a further move.
Price broke out of trendline, and rejected at 50 EMA (blue line) Note how it hasnt been able to break above it since December. Price is at it again, the difference now it that the EMAs are compressing. That could indicate a bottom. I want to see a daily candle closing above the 50 EMA then we can try to ride this from the bottom. 24.62 has been resistance for...
cup and handle look. Inside week too. Could be a good long above 23.30 JUL 22 24C could work
Analysis as shown in chart. Looking for a trade up to this price level. Inverse fibonacci pattern at play once again. *Opinions are my own. Not trading advice.
Affirm Shares Surge on Q3 Beat. Affirm Holdings Inc shares surged 29% after-hours following the company’s Q3 results, with EPS of -$0.19 coming in better than the consensus estimate of -$0.53. Revenue grew to $354.8 million, compared to the consensus of $344.03 million In addition, the company announced an extender partnership with Shopify. We have 3 major...