First Wave BioPharma trying to Breakout

(24/7 MARKET NEWS) – First Wave BioPharma, Inc. (NASDAQ: FWBI) is moving, at $1.85, 20 cents higher (+12.12%), on 161,868 shares traded. We’d like to see the volume increase, but, if it can break through the $2 resistance, on stronger volume, it appears to have minimal resistance to the $6 level.

Its 52-week range is $1.19 to $106.50.

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