AFFIRM HOLDINGS, INC - BEARISH SCENARIO
The earnings report was released last Thursday by Affirm Holdings.
The company`s revenue rose more than 70 % year over year to $361 million beating estimates by $28 million, but its net loss widened to $0.57 per share, which missed expectations by $0.20.
New sales were triggered and retest of $ 47 support level.
Successful breakout will send the price back into the price channel.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
The company`s revenue rose more than 70 % year over year to $361 million beating estimates by $28 million, but its net loss widened to $0.57 per share, which missed expectations by $0.20.
New sales were triggered and retest of $ 47 support level.
Successful breakout will send the price back into the price channel.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
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