How many times have we seen this happen, where there is a breakout from a wedge, triangle or resistance line and we think the price is gone and we have missed it.....only for the price to do what it always does and pull back
I look at 1000's of charts each month to know that it happens 95% of the time and for this reason I will never chase
$AFRM has pulled back from $45 to $36 now and very close to its 200 Day MA just below its 0.38 Fib
Ideally a retest of the channel breakout between the 0.5 - 0.618 Fib, where the 50 Day MA is moving to is the sweet spot to watch for support and possible add.
I like $AFRM and $PYPL and believe $AFRM can reach $51 over the next 12 months.