I think if you check I said a potential bounce at $5 many weeks before it got there and as it approached I updated saying I was no longer looking for a strong rally due to the internal structure of the waves.
Affirm those averages are not true given the limited time it has traded so I don't put any store in them.
Im only counting the wave structure on Affirm and my primary count is we are close to completing five waves down in wave 1 and typically wave 2 is a sharp counter trend rally.
As I said it's a high risk trade so I'm only buying calls and will accept a 50 percent loss if it goes the wrong way.
The options premium is currently about 7 percent of stock price so I consider it a good risk reward at 3.5 percent loss in real terms against potential 900 percent return in a few weeks
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Last
$1.88 |
Change
0.030(1.63%) |
Mkt cap ! $2.373B |
Open | High | Low | Value | Volume |
$1.91 | $1.95 | $1.87 | $25.30M | 13.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $1.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.88 | 68338 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.870 |
1 | 100000 | 1.865 |
9 | 85564 | 1.860 |
1 | 40000 | 1.855 |
21 | 594561 | 1.850 |
Price($) | Vol. | No. |
---|---|---|
1.880 | 68338 | 6 |
1.885 | 68720 | 4 |
1.890 | 118651 | 3 |
1.895 | 51321 | 1 |
1.900 | 205289 | 8 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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