$AFRM - WATCHLIST -
Added 2023-08-03 19:25:29 +0000 UTCThe last time I uploaded this was on the 18th of July and advised to put this company on your watchlist as it was attempting to break out of its long wedge.
Breakout has happened and has held above the wedge line with a number of attempts here too.
We can see that the 50 Day MA has assisted with this support too.
Exact same chart from 2 weeks ago, so no changes.
Certainly high risk, high reward here but I feel a break above $20 which was the previous high would put this in a good position for more upside, targets are as shown.
50 Day has also crossed the 200 Day MA which is a bullish signal.
