$AFRM
Added 2024-05-16 16:45:48 +0000 UTCTesting its 200 Day MA today for the 4th time since the middle of April, bulls are battling but not following through on the bounces.....constant talk of what will happen with interest rates in the short to mid term is probably not helping any certainty here.
We can also see that the 50 Day MA is squeezing now towards the 200 Day MA and as we know, when they get tight, a direction must be taken.
As long as it stays on this side of the 200 Day MA, bulls still have control but they must show their teeth now to get this above the 50 Day MA at $34.
