$AFRM looks attractiveNASDAQ:AFRM is currently trading in the support area. The risk/reward looks attractive here with a stop below $27. Targets: - $33 - $36 - $39 - $43Longby PaperBozz1
peeking at "buy now pay forever" $AFRM weekly chartAFRM faces significant challenges compared to its rivals. Among BNPL platforms, AFRM lags competitors in terms of market penetration and GMV processed. CFRA sees limited upside given AFRMโs inferior operating margins from a โgrowth at all costsโ mindset, as well as headwinds from higher interest rates persisting and increased regulatory over BNPL. Against heavyweight competitors with more scale and better margins, AFRM faces an uphill battle as growth potentially tapers amid these mounting challenges. -> waiting for a "fading a rally" trade! <-by KhanhC.Hoang1
Looks juicyApparently a bullish flag is forming, and price is dancing at the bottom of the flag. There is another support at 30 in case the flag is busted. It could take a few more weeks but risk and reward rate is good.Longby ArturoLUpdated 558
Affirm partners with RONA to expand installment payment servicesAffirm Holdings Inc., known for its installment payment platform, has entered into a partnership with RONA Inc., a prominent Canadian home improvement retail chain. This collaboration is set to enhance the shopping experience for RONAโs customers by offering flexible payment options, particularly appealing in the current economic climate characterised by inflation and high prices for costly household goods. RONA, which has been operating since 1939, boasts a network of 425 stores across Canada and is currently focusing on expanding its online sales capabilities. Through this partnership, Affirm will enable RONA customers to select an interest-free installment payment option at checkout, allowing them to spread the cost of expensive items like furniture or home finishes over a period of up to 12 months. Technical analysis of Affirm Holdings Inc. (NASDAQ: AFRM) Exploring potential investment opportunities based on the stock's current technical setup: Timeframe : Daily (D1) Current trend : The stock is experiencing a bounce from the support line of an uptrend, indicating positive momentum. Resistance level : 34.15 USD Support level : 37.60 USD Potential downtrend target : If the stock enters a downtrend, a possible target could be at 16.00 USD. Short-term target : Should the uptrend continue and the stock breaks through the resistance at 34.15 USD, a short-term target could be set at 40.00 USD. Medium-term target : With sustained upward movement, the stock price might aim for 51.50 USD. Investors should monitor Affirm's performance closely, especially in light of this new partnership with RONA, which could significantly influence Affirmโs market presence in North America and potentially boost its stock value due to expanded customer reach and increased sales opportunities in the e-commerce space. โ Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets1
AFRM ready for reversalJust an idea, based on my research please do your own due diligence :) Afrm short 29.05 to 27-26.50, watch $25/25.50 Will see what opportunities market will give but its ready for reversal. Have a great week trading! www.tradingview.com Shortby rc2camanu221
$AFRM buyNASDAQ:AFRM news yesterday biggest buying volume since February brake-out above trend line notoriety on X.comLongby Kangaroo-MarketUpdated 2
$AFRM Something to watch for a breakout runTight price action and moving averages are very close to each other. It can breakout any day NASDAQ:AFRM Longby jaganjohn0
AFRM Long PositionHi traders, Taking a closer look at Affirm Holdings, Inc. (AFRM), we can observe the formation of a falling wedge pattern over the past few weeks, indicating a potential bullish reversal. Affirm, a leader in the buy now, pay later (BNPL) industry, has been navigating through some market volatility. Despite the challenges, Affirm's innovative approach to consumer financing and its growing partnerships with major retailers highlight its strong market potential. The falling wedge pattern is characterized by converging trendlines, where both the highs and the lows are declining, but the highs are falling faster than the lows, forming a wedge shape that slopes downwards. This pattern often signals a potential reversal from a downtrend to an uptrend. As AFRM approaches the apex of the falling wedge, a breakout above the upper trendline could confirm the bullish reversal. Entering a long position upon confirmation of the breakout appears favorable. 1st Take Profit: 39.85 2nd Take Profit: 47.48 Final Target: 52.51Longby vf_investment2213
Turning point for AFRMAFRM is finishing its healthy retraction from previous growth and currently looking for a turnaround. Its not yet confirmed but definitely worth adding it a watchlist.by onemaninvest3
$AFRM - shooting star played outNASDAQ:AFRM (Affirm) On June 12, I called out the shooting star and potential bearish reversal on Affirm's chart. It has basically wiped out all of its gains from the NASDAQ:AAPL BNPL announcement. ๐ฏ Anyone who partners with AAPL to provide financial services will soon realize that they don't make money. Yes, Goldman Sachs ( NYSE:GS ), I am talking about you. The market is now clever enough to not get excited about these announcements.by PaperBozz2
Is Affirm Ready For a Breakout?Outlook - Consolidating around 28/29 with the stoch approaching a solid bounce zones. Decent headlines lead me to believe a nice run can happen. Upside Targets: * 30.78--31.86--33.06--34.63 Downside Targets: * 28.82--28.37--27.07--24.48 Daily Trend Tracker - *DXY+ *VIX- *US10Y-by QuantumEdgeAnalyticsUpdated 2
AFRM: BEAUTIFUL ABCD PATTERNAFRM: BEAUTIFUL ABCD PATTERN -ABCD pattern. -Demand zone support. -Key level support. -Less vol at the bottom. -Golden zonen fibonacci retracement. . US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!Longby phanvinhhai220
๐ณ๐ Affirm Holdings (AFRM) Analysis ๐๐Market Position: Affirm Holdings NASDAQ:AFRM is a leader in the rapidly growing buy now, pay later (BNPL) market, particularly popular among younger consumers. Strategic partnerships with major retailers like Amazon and Shopify distinguish Affirm from its competitors, positioning it to capture significant market share. Service Expansion: A recent expansion of services with Walmart now includes pay-over-time options at self-checkout kiosks in over 4,500 stores, which could drive higher adoption rates and transaction volumes. Investment Outlook: Bullish Outlook: We are bullish on Affirm Holdings above the $30.50-$31.00 level. Upside Potential: With an upside target set at $54.00-$55.00, Affirm's strong growth potential and advantageous position in the BNPL market are noteworthy. ๐๐ณ Monitor Affirm Holdings for promising investment opportunities! #AFRM #BNPL ๐๐Longby Richtv_official1
$AFRM LongLooks like NASDAQ:AFRM is putting in a base and is ready to climb back to the VWAP of $43.42 area. RSI is steady in rising and MACD is slowing showing some promise. JP Morgan just recently raised the target price to $43 target which is where the VWAP is currently. This should be a nice swing trade over time. Of course, if it breaks below $29.49 that'll be the stop loss point to regroup and consider a different entry point. NASDAQ:AFRM has had a great Day, Week, and Month to date. Longby GlennTrading1
Affirm Holdings: Astute SpeculationFundamentals: Affirm Holdings provides IT solutions for digital and mobile-first commerce. It is in the finance and payment industry just like Paypal or American Express. The company tries to differential itself from credit cards by not charging fees, but an agreed payment. Both sales and earnings have been accelerating.] and exploding, but the earnings have not been over 20% for many quarters. Funds seemed to be trickling in although not my favorite funds. This stage of buying is still early and speculative. Technicals: IHS pattern Stage 3 Crown pattern with valid pattern volume. uHd Extreme bullish indicator pb to 50% fib Price wedging and a bullish kicker pattern has formed with higher volume at the 50% fib support. Comment: Based on the pattern alone, I think something is brewing and will develop later. Entered at 33.40. Target is at 88 and 170 (the all-time-high of 2021. Longby RocketmanUpdated 6
The Rise and Fall of AFRM - The Fed, Economics, other factorsMy prediction is consistent with recent performance, which is to say I see it falling and I predict further downside. What I see since their earnings announcement is a bounce that took price up to and just above the 50% retracement (on Thursday afternoon) and another bounce to 61.8% (this morning, from Friday's low.) Draw your own Fibs and see what you find... The levels marked on this chart are illustrative of my question, will price rise again to levels I consider out of range and inconsistent with recent performance, or will the price fall to below $20 where buyers are likely to find AFRM a "bargain" hard to resist. AFRM is affected by interest rates - or appears to be directly impacted by Fed rate announcements. The economics I propose are these - people are eventually going to pull back on spending, with prices of all necessities hitting all-time highs. You can look at this two ways; will people be more likely to use AFRM to pay over time, or will people slow their spending to the degree that AFRM will not be used by people who already are struggling to pay the bills they have today? Other factors impacting AFRM's price include, days to cover shorts (only four days of avg volume), negative stats on returns and margins, etc. Yahoo Finance has all of this for you. Shares Short (4/30/2024) 4 29.98M Short Ratio (4/30/2024) 4 6.08 Short % of Float (4/30/2024) 4 14.41% Short % of Shares Outstanding (4/30/2024) 4 9.72% Shares Short (prior month 3/28/2024) 4 29.94M The likelihood of a short squeeze rally is slim. And I'm buying PUT contracts in anticipation of further downside. As always, arguments to the contrary are welcome. Almost any and all feedback is helpful. Tell me, what do you think? Shortby BrianDreamTrader0
Affirm Posted a Smaller-Than-Expected Loss Stock down 9.11%Consumer financing firm Affirm Holdings ( NASDAQ:AFRM ) reported a smaller-than-expected loss in the March quarter, while revenue and other financial metrics beat Wall Street targets. Guidance came in above expectations, and Affirm stock was down 8.8% in morning trading. The company reported a 43-cent per share loss for the three months ended March 31, compared with an 86 cent per-share loss in the year-earlier period. Affirm said revenue climbed 51% to $576 million, with revenue minus transaction expenses coming in at $231 million compared to estimates of $217 million. Gross merchandise volume rose 36% to $6.3 billion, and the new Affirm Card brought in $35.67 million in revenue, up 21% versus estimates of $37 million. For the current June quarter, Affirm ( NASDAQ:AFRM ) expects revenue of $595 million at the midpoint of its outlook, topping estimates of $579 million. It forecasts GMV of $6.85 billion, edging by estimates of $6.65 billion. NASDAQ:AFRM stock had retreated 27% in 2024 prior to the release of fiscal Q3 earnings but has clawed back above its 50-day moving average. Affirm is one of the biggest providers of buy now, pay later installment payment services, with its initial public offering raising $1.2 billion in January 2021.Shortby DEXWireNews4
AFRM TRADING IDEASThe price already broke the trendline which indicates that it will go higher. I'm going to long this stocks.Longby Khairil_Anuar6
AFRM | Parabolic Move Coming | LONGAffirm Holdings, Inc. operates a platform for digital and mobile-first commerce. Its platform consists of three core elements: a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The company was founded by Max R. Levchin in 2012 and is headquartered in San Francisco, CA.Longby DivergenceSeeker9
AFRM - Small short trade; 47 would been optimal short entry. Waited for the flag setup. Took small put position, Target 30Shortby just4tradinUpdated 226
AFRM -- approaching decision time!There's a nice symmetrical triangle setup for AFRM on the 15-minute chart, which should resolve in the coming week, and likely in explosive fashion. Adding extra spice to that is the yellow line that seems to head straight for the intersection of the declining (red) line connecting the recent highs and the ascending (green) line connecting the recent lows. What is that yellow line? It's the VWAP going back to the stock's 2021 IPO. For young stocks (under 5 years), this is often a highly relevant level. An initially uncontested break of that line, such as happened in early December, is always highly suspect to me. So I am not surprised that the stock ran out of steam and retraced its way back to that VWAP (almost to the penny!) on Feb 1. For the last 6 weeks, AFRM has oscillated around that important level, but I imagine that the symmetrical triangle setup will finally resolve the direction for the coming weeks and months. Once either the red or green line is broken by 25ยข or more, I plan to enter in the direction of the break. by matthiasUpdated 2
$AFRM: ๐จ Road to $55 ๐Hi everyone, Affirm Holdings ( NASDAQ:AFRM ) seems to be capitalizing on their consumers' repayment abilities, showing promising technical signals. Currently, the hourly and daily indicators are tightening, hinting at potential explosion in either direction (Upside likely). Should the price surpass the daily and monthly resistance levels, accompanied by the hourly or daily indicators crossing above the monthly, we could see a surge towards $55, with the weekly indicators serving as a potential support level. Good luck!Longby SierrasTradesUpdated 5