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DP559
Dec 1, 2021 3:23 AM

AFRM Falling wedge setup Long

Affirm Holdings, Inc.NASDAQ

Description

Whats good traders!

Lets take a look at AFRM.

Christmas is around the corner and thousands of people are probably shopping online for expensive gifts. Some are probably using AFRM to purchase these gifts... Anyways,

- I see a falling wedge on the 30min timeframe.

-Price is back below the 20 moving average.

-We are currently sitting at the above the 30min and the weekly demand zones.

-If we dip into demand, we need strong buyers to show up along with strong volume confirmation for a reversal to the upside.

Let me know what you think in the comments!

Thank you for stopping by!

-DP

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