Preliminary Information
Figma is a major software company and its main strengths are:

- Market Leadership: It is the global standard for UI/UX design and is used by a large portion of Fortune 500 companies.

- SaaS Model and Retention: The cloud-based and collaborative nature creates a strong network effect, making it difficult for clients to switch to competitors.

- AI Innovation: The introduction of artificial intelligence tools increases user engagement and spending.

- Solid Financial Growth: It registers strong revenue growth and business forecasts that are continually revised upward.

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Analysis
The price completes an inverse head and shoulders pattern with the neckline at $28 without triggering it.
Yesterday's earnings report was poorly received, and the price will likely open sharply lower.
I expect a drop down to $21–$22 to meet the weekly SMA 10 and 20, where I plan to start building my position.

I advise setting alerts well to best capitalize on the head and shoulders activation.