$AFRM - request

314
This will be the last one I do today:

AFRM - looks like it is in a primary wave 5, and in the first impulse of the primary wave 5. We should be reaching a peak of intermediate wave 1 very soon of this primary 5. That wave 2 down will be a BTD (invalidation is 105 area - wave 4 bottom). Would be smart to wait to get in until after there is a clear 3 swing down. (if not already in). If in I would use a stop loss at this point

If we extend into 5 we could be seeing AFRM get up to around 200 a share before the primary wave 5 peaks

NOTE: AFRM has a tendency to go vertical and is very volatile - more volatility less accurate Elliot waves tend to be (mainly because they are hard to properly count until the moves are complete). Be mindful of that

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.