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AFRM Cup-With-Handle Pattern on Weekly Chart

The weekly chart of AFRM highlights a cup-with-handle pattern that began at the all-time high on November 2021. The chart also has volume characteristics typical of a cup-with-handle, pulling back on the left side of the handle and increasing on the right.

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AFRM up 3% today. From my perspective, relative strength is a key component of stocks that have the potential to make significant moves up. The RS Line hit another new high today.

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AFRM is showing continued relative strength with the third RS Line at a new high over the past four days. Price action, continued higher highs and higher lows.

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Feragatname

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