Affirm price tries to recoup some losses - Forecast today - 19-04-2024

Affirm Holdings’ stock price (AFRM) advanced in the intraday levels amid negative pressure from the 50-day SMA, amid the dominance of the downward downward correctional trend in the short term, while trading alongside the trend line, as the stock tries to recoup some losses, while also venting off oversold saturation in the RSI with positive signals coming out of them.

Therefore we expect the stock to return lower, targeting the support of $25.63, provided it settles below the resistance of $37.56. 

Trend forecast: Likely Bearish