TradingView
hawkowl
9 dec 2021 21:01

Inverted Cup and Handle Kort

Affirm Holdings, Inc.NASDAQ

Beskrivning

Last few days were a short covering rally. We now have a high probability of resuming the downtrend. Inverted cup and handle. Also, rejected off the bearish top of the flag line. Short term (Dec 17 option expiration) price target $100. Longer term, if we enter an overall bear market, then target the bottom of the gap about $73.77
Kommentarer
stylishtrotter
This is exactly what I think. The rejection at 120s was confirmation of downtrend continuation
hawkowl
@stylishtrotter, So far, so good. Could bounce a bit next week, but that gap down to 75 begs to be filled.
Mer