Buy now, you may get paid later
Affirm is coming after PayPal’s BNPL market, Apple Pay integration later this year should start to translate to higher revenue in 2025. This stock was crushed when interest rates increased aggressively. As we approach the end of that cycle, Affirm will probably sky rocker in value.
Now to the charts, massive cup and handle pattern forming on the weekly. Failed breakout from the downwards parallel channel. Whilst we are in the golden pocket, we could retest the weekly level just below. I’ll be laddering in from here down to those levels.
A lot of patience required with this stock. This is not financial advice, just a trade idea.
Now to the charts, massive cup and handle pattern forming on the weekly. Failed breakout from the downwards parallel channel. Whilst we are in the golden pocket, we could retest the weekly level just below. I’ll be laddering in from here down to those levels.
A lot of patience required with this stock. This is not financial advice, just a trade idea.
Trade active
Long and strong. Up 2% alreadyTrade closed manually
I got stopped out of my trade, waiting to see the reaction at $26 before making my next moveTrade active
Entered trade last night at the weekly level, $26.Note
Trade remains active. Stop loss is at break even. Earnings tonight will be interesting!Note
What did I tell you guys? Buy when I said and you would have got paid later. BOOM!
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