$AFRM is in a very tight descending wedge and holding on the 0.5 fib at $32 for Wave 4.
It has a small bit of room to move lower to the 0.618 Fib at $28 to hold and still be valid for Wave 4.
The 200 Day MA is also at the wedge apex too ar $29 too.
$AFRM, $PYPL, $SQ, $SOFI are all in the same scenario....they need to catch a break.
Noah
2024-04-12 19:49:05 +0000 UTCNoah
2024-04-12 19:48:48 +0000 UTC