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4D Pharma shares could re-test 2016’s £10 highs if they do this one thing

The 4D Pharma (LON:DDDD) share price could go on to re-test last year’s highs of £10 if they can break above the 200-day moving average, claims Zak Mir.

“Really, one would want to see the shares break outside that range in order to determine fresh direction,” Mir explains in the Proactive Investors Bulletin Board.

“Above the 200-day line would obviously give us the prospect of testing resistance towards 1000p, which was last year’s high.”

Quick facts: 4D pharma PLC

Price: 93 GBX

Market: LSE
Market Cap: £122.19 m

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