Affirm Holdings (AFRM) is a financial lender of installment loans for consumers to use at the point of sale to finance a purchase. The stock went public in January of 2021 and we reviewed the stock on Nov. 16 where we wrote, "In our September 30 review we recommended that "First raise stops to $105 from $69. Our price targets are $165 and then $189."
I hope that traders took some profits at $165 or higher. Raise stops on your remaining longs to $135 from $105." Prices hit our stop level in the second half of November so traders should have exited their remaining longs.