Core Insights - Affirm is currently trading at $73.28, showing a slight increase of 0.5% and is attempting to maintain its breakeven level for the quarter [1] - The stock has faced resistance at the $80 level but has found support around the $70 mark, indicating potential for a breakout [1] - A bullish signal suggests that a breakout could be imminent for Affirm's stock [1] Technical Analysis - Affirm's stock is within 0.75 of the 100-day moving average's 20-day average true range (ATR), having spent over 80% of the last 10 days and two months above this level [2] - Historical data shows that similar conditions have led to a 60% chance of the stock being higher one month later, with an average gain of 20.5%, which could push the stock above $88 [2] Market Sentiment - There has been a notable increase in put options, with a 50-day put/call volume ratio of 1.28, ranking higher than 99% of readings from the past year, indicating bearish sentiment [4] - If this bearish sentiment begins to reverse, it could provide positive momentum for Affirm's shares [4] Short Interest - Short interest in Affirm has decreased by 8.9% over the last two reporting periods, accounting for 5.8% of the stock's total float [5] - The current short interest indicates that it would take more than two days for short sellers to cover their positions [5]