rbswingtrader

Buy the Rumor, Sell the news

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NASDAQ:SAVA   Cassava Sciences, Inc.
On July 29, 2021, the company will present new data from a phase 2 trial with simufilam, a potential first-in-class stabilizer of a structural protein called filamin A. On July 29 or before that i expect the stock to touch $150 where it would make it ATH and a new top and reverse. I would be looking to close longs take a short at that point for a reversal to below $100.

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