Fundamentals:
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.
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.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.