$AFMD subdued an early session sell off, recovering +7.78% intraday closing above the previous day’s closing at $6.79. During the month, AFMD have successfully exhibited a major MA golden cross (50D vs 100D) before the breakout to its 52 weeks high, following with a +21% runaway gap closing on Monday’s market session.
At the current juncture, $AFMD will be challenging its 2-year high of $7.35, the immediate resistance level we will be watching.