Affirm Holdings, Inc. (AFRM) is showing some serious upside potential as it targets a classic Cup & Handle breakout. With a current price hovering around $55, the setup suggests a potential 83% move up towards the $95 target, as marked by the white arrow.
Key Levels & Technicals: Primary Support: Solid support zone sits at $51.49, offering a sturdy base for any pullbacks. Trend Line: The trend line, acting as a rising support, signals strong buying pressure pushing this stock upwards. Volume Profile: Increased volume around this breakout zone adds credibility to the bullish setup. Indicators: Momentum indicators remain in the buyer's favor, reflecting sustained interest in this uptrend. The bullish momentum is strong here, and as long as it respects the trend line, we could see a clear path toward the $95 target. This is one to keep on your watchlist—if the momentum holds, AFRM could hit that target sooner rather than later.