jessw170
Long

AFMD is gearing up to move higher over the coming weeks.

NASDAQ:AFMD   AFFIMED N V
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.
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