Affrim has massive potential if we can get above 139.5 lvl This one should have some momentum behind it and algo shows that there is money flowed into this stock. 208 remains the target to the upside love this one as it holds 123. s/t target is 153-163.
Nice volume on the all time high break out and I see continuation to $1770, based on this rising weekly channel. There was no news or option flow on friday, so up 12% out of nowhere! haha If there is any back test, it would be the $1595 level, then upwards again.
AFRM setup to make a run to $75-80 range. Not much resistance above the red box. Might get one more rejection from resistance before breaking out.
The APT price action is desperately looking for support and a pretty obvious elliott wave ABC correction is in play. Chart is suggesting APT needs to hold this level or we could see further falls down to the $70 level or even lower. Also H&S pattern is in play. Just an observation take with a grain of salt.
What will happen in the week ahead for Z1P ? My guess is as good as yours, although I am leaning slightly to Z1P validating a counter trendline break as the money rotation slows. The 0.618 retracement has been respected as resistance a number of times inside the falling wedge, as a result the $8.50 - $8.70 is worth watching closely. Additionally, Z1P at the...
Technicals - Bullish falling wedge + Z1P has retraced to the 0.618 level from the February bullish run. Looks a high probabilty trade to get in on the counter trendline break of the falling wedge. Bullish candle entry.
CR Price + Held by a long term support line flipped from a resistance
I have been monitoring this stock but at the moment I can say that it is was only humming but looking at the chart and on the well known structure (Cup-and-handle), I can say that this stock is about to scream instead of humming. i will keep an eye on it. The only issue it is not hype like other BNPL but it is catching up slowly. we may see a big move in next few...
Technicals - Chart suggests Humm looks ready to jump on the back of the momentum in the BNPL space (ZIP, APT etc). Looking for a break through resistance with a bullish candle which lilkley results in the resistance becoming strong support. Looks a good risk reward trade.
So the sideways action that Z1P was stuck in from June to December after that gap up does seem to be a valid combo wave. Based on the price action since I'd say it's most likely ended. Projecting a fib ratio of wave (1) from (2) and taking the 1.618 ratio gives us a price target of $14.70. Not financial advice, DYOR.
I believe HUM has finished a combo correction following it's post-rona rise. It is in the middle of a minute 1 and minuette 2, perfect conditions for a bullish entry. Projecting a fib ratio of (i) from (ii) gives (iii) a price target of 1.525. This is an updated analysis from a more in-depth one over on hotcopper, here's the link: hotcopper.com.au
As you can see, Zip Co have recently started gaining momentum upwards, after trading and consolidating at SPP range for a few weeks. this has been significant as it started show signs of strength that is maintained, and can continue to the rest of the year. Fundamentals are looking strong, and Technical analysis are certainly backing it up. at this current rate, I...