Affirm Holdings stock price (AFRM) rose mildly in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.

Therefore we expect the stock to return lower, targeting the first support at $29.58, provided the resistance of $37.56 holds on.

Trend forecast: Likely Bearish