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CheelooTrader
Mar 4, 2022 3:53 AM

AFRM - Rolling over again Short

Affirm Holdings, Inc.NASDAQ

Description

Losing 9 EMA, albeit volume is low, but that can add to the fuel to fire. unless it claims 42 or some news acts a catalyst, could test low again in coming days.
Disclosure: despite my good judgment, I am stuck in this. Maybe I will cut it lose for loss if price acts weak next couple of days.

Trade active

Double bottom with MACD signal still green...might be good idea to take some profit here and tighten your stops.
Comments
iogcsal
Thanks for the insights.
meet2ashis
Volume was half the volume it trades normally, fueled with shelf offering. But overall market tanked as well. May be can recover quick if 1-2 we see strong market?
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