AFRM has broken the symmetrical triangle to the upside. If this holds we could see a strong rally into earnings. I would want to see strong volume added to this equation for the move up to be confirmed.
My STOP on this position would be a daily candle close back under the trendline with confirming volume. A retest of the triangle would be my spot to add to the position.
My STOP on this position would be a daily candle close back under the trendline with confirming volume. A retest of the triangle would be my spot to add to the position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.