Affirm Holdings Might Be Set For A Breakout


  • Affirm Holdings is a fintech startup experiencing impressive growth, driven by its Affirm Card that combines instant payment capability with pay later functionality.
  • The company’s gross merchandise value (GMV) is steadily increasing, supporting its value proposition and pushing it towards profitability.
  • The technical situation of Affirm Holdings is positive, with the stock recently breaking out above the 50-day moving average line, indicating potential for further growth.

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Tanankorn Pilong

Affirm Holdings, Inc. (NASDAQ:AFRM) is a well-managed, growing fintech startup with considerable growth momentum and a large and expanding customer base. The fintech is seeing impressive growth for its Affirm Card that connects instant payment capability with pay later

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AFRM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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