( click to enlarge )
Affymax, Inc. (NASDAQ:AFFY) has made a very strong vertical move over the last sessions. The short-term target is difficult to judge as the stock has made a major breakout on huge volume in the last two sessions. From a technical standpoint the chart shows very strong upward momentum as the stock is above the 200 day moving average with both 50 day and 200 day moving average going up. In addition RSI and MACD also show very bullish signs. However, the daily momentum … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards