Affirm rises amid negative pressures - Analysis - 22-06-2022

Affirm Holdings' stock (AFRM) rose in the intraday levels amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, as the stock tries to recoup some recent losses, and vent off oversold saturation in the RSI. 

Therefore we expect the stock to return lower, targeting the support of 13.64, provided the resistance of 31.08 holds on.

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Expected trend for today: Bearish