Be ready for the breakout. Stop loss below 59. ----------------------------------------------- This is not financial advice. I'm not a Financial Advisor. Trading is a high risk, do your own DD. Let me know what you think Cheers, I would share all my thought next time. PEACE.--------------------------------------------
I think that the current downturn from the Apple Pay as you go announcement will turn up by the end of the week. Apple’s service will be limited to Apple products only at first and the timeline is TBA. Economic pressures and growing consumer confidence are advantageous for AFRM in the short and long term. As with anything in FinTech/Financials, AFRM tracks VIX as close to 1:1 as it gets. Smart money is getting in now near the 52 week low, smarter money is holding till back to school shopping ends in the fall, smartest money buys in little by little, dip by dip until after the holidays Q1. Keep calm and carry on.
Gy65Dg80
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Why shouldn't we expect a double bottom near $50 before moving higher long-term?
TheBullishMan
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@Gy65Dg80, because, QS acquired Afterpay for 3 billion, and people don't like that. That's why the AFRM pump today