While looking at the support and resistance
lines, it becomes clear the support lines are more consolidated while the resistance lines have a larger spread. This leave an interpretation that there's much more room for AFMD
to grow rather than to fall. Additionally, beyond the technicals the EPS
for the previous quarter left investors shocked because of the significant increase in surprise. Also, the news for AFMD
has been positive, and they have attended recent conferences hinting at game changing news over the horizon.