Affirm Holdings (AFRM) Just Overtook the 200-Day Moving Average

Core Viewpoint - Affirm Holdings (AFRM) is showing potential for investment due to its recent technical performance, particularly crossing above the 200-day moving average, indicating a long-term bullish trend [1] Technical Analysis - The 200-day simple moving average is a significant tool for identifying long-term market trends, and it serves as a support or resistance level [2] - Over the past four weeks, AFRM has experienced a substantial gain of 46.4% [2] - The stock is currently rated as a Zacks Rank 1 (Strong Buy), suggesting further upward movement is likely [2] Earnings Estimates - Positive revisions in earnings estimates bolster the bullish outlook for AFRM, with one upward revision and no downward revisions for the current fiscal year [3] - The consensus earnings estimate has also increased, indicating growing investor confidence [3] - Investors are encouraged to monitor AFRM for potential gains in the near future, given its key technical levels and favorable earnings revisions [3]