Bank in on AFRM puts

kerestia
2022-05-25

We have 2 major levels established on AFRM's daily chart. It bounced off 24.35 back in March but failed to keep it as support and recently broke through to hit lows of 13.64. Yesterday's candle shows yet another rejection and we can expect to see more downside. If AFRM doesn't hold 20.90, we can definitely go in for puts. 

#options 

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Comments

  • BellaFaraday
    2022-05-27
    BellaFaraday
    Haha maybe I will refer to your operation, thank you.
  • BurnellStella
    2022-05-27
    BurnellStella
    I totally agree with your technical analysis.
  • ElvisMarner
    2022-05-27
    ElvisMarner
    Looks like the stock is under a lot of pressure.
  • DonnaMay
    2022-05-27
    DonnaMay
    AFRM is still in the descent channel.
  • Omega88
    2022-05-25
    Omega88
    thanks for sharing
  • EricKK
    2022-05-25
    EricKK
    👍
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