financetom
Technology
financetom
/
Technology
/
Affirm price tries to recoup some losses - Forecast today - 19-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Affirm price tries to recoup some losses - Forecast today - 19-04-2024
Apr 19, 2024 8:09 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Soybean price exits the bearish channel – Forecast today - 23-04-2024
Soybean price exits the bearish channel – Forecast today - 23-04-2024
Apr 22, 2024
Soybean Price Analysis Expected Scenario Soybean price breached the intraday bearish channels resistance line and settled above it, heading towards achieving expected gains on the intraday basis, targeting testing 1193.10$ mainly. The bullish bias will be suggested for today unless breaking 1163.00$ and holding below it, noting that breaching the targeted level will lead the price to achieve bullish correction...
Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
Apr 22, 2024
BEIJING/SINGAPORE (Reuters) - Chinese universities and research institutes recently obtained high-end Nvidia ( NVDA ) artificial intelligence chips through resellers, despite the U.S. widening a ban last year on the sale of such technology to China. A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia ( NVDA ) chips embedded in server products made...
Sugar price keeps its negative stability – Forecast today - 23-04-2024
Sugar price keeps its negative stability – Forecast today - 23-04-2024
Apr 22, 2024
Sugar Price Analysis Expected Scenario Sugar price continues to fluctuate around 19.82$ level and keeps its stability below it, maintaining the validity of the bearish trend scenario for the upcoming period, supported by the negative pressure formed by the EMA50. The next main target is expected at 18.50$. Breaching 19.82$ will halt the expected decline and initiate recovery attempts targeting...
Corn price completes the positive pattern – Forecast today - 23-04-2024
Corn price completes the positive pattern – Forecast today - 23-04-2024
Apr 22, 2024
Corn Price Analysis Expected Scenario Corn price succeeded to breach the neckline of the inverted head and shoulders pattern to activate the positive effect of this pattern and start testing the key resistance 449.20$. The price is attempting to breach this level by todays open, reinforcing the expectations of continuing the correctional bullish trend, waiting to visit 461.90$ followed by...
Copyright 2023-2026 - www.financetom.com All Rights Reserved