The Long Investor
patreon
$AFRM - WATCHLIST -
🕑 Added 2025-01-23 10:24:49 +0000 UTCI have done a considerable amount of work on this chart and I am of the belief that $AFRM completed Wave 3 in December by rejecting at the 1.618 Fib at $69 and we are in Wave 4 now, which has pulled back very nicely to the blue support line and the 0.5 Fib.
Once the price holds above the blue line at $52 then I believe that Wave 5 is next and this can run to the 2.618 Fib at $90.
There has already been a test and bounce now, so a hold now at a higher low will confirm the start of a new impulse wave....from $55 to $90 would be very attractive to catch here.
