Affirm rises alongside the upward correctional trend line - Analysis - 17-08-2022

Affirm Holdings' stock (AFRM) rallied 3.88% in the last session, or 1.49 points, amid the dominance of the upward correctional short-term trend, with support from the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 51.50, provided the support of 31.00 holds on.

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Expected trend for today: Bullish