New York, NY -- (ReleaseWire) -- 02/27/2013 --Affymax Inc. (NASDAQ: AFFY) is trading in the range of $2.56 and $2.78 during its latest trading session. The stock recorded the volume of 8.757 million shares, significantly higher than its average daily trading volume of 2.094 million shares. Its up move accompanied by heavy volume shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock opened at $2.62 and is at $2.69, up 6.32 percent from its previous close of $2.53. Affymax has its first resistance level at $2.75. Upon breaching this level, the stock may go up to $2.90 level.
Affymax had to recall its anemia drug following the death of three dialysis patients.
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Micron Technology Inc. (NASDAQ: MU) stock is at $8.16, up 2.58 percent from its previous close of $7.96. The stock opened the session at $7.97 and touched its highest price point at $8.20. Micron Technology’s lowest price point for the session stood at $8.20. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $8.01. Upon breaching this level, the stock may fall to $7.86 level.
Micron Technology inked a new deal with LFoundry for its wafer manufacturing plant in Italy.
Find out more on MU here: http://www.wallstreetscoop.net/market-scan/?symbol=MU
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