$AFMD Pump its been a while
reasons for pump:
after a long downtrend, price has formed a base above a 3 day demand block.
price has had a bullish reaction off a triple tap of support (triple bottom).
base looks to be accumulation with a bullish divergence on the daily RSI.
unusually high v
EMA's are beginning to turn upwards after much consolidation.
looking to play the expansion phase of this consolidation, with an entry at the retest upon breakout.
tp 1 = $8.47 (i expect higher)
tp 2 = $11.00
stop below 12 hr breaker
glhf
AFMD
🟢 NEW POSITION $AFMD Target 9.62 for 28.27%$AFMD Target 9.62 for 28.27%
Or double position at 5.38
This one filled in pre-market… That's a pretty decent looking chart...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
US Stock In Play: $AFMD (Affimed NV)$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.