Almost time?

MikeMM Updated   
NASDAQ:SAVA   Cassava Sciences, Inc.
Just stumbled on this chart earlier when searching for something else... No idea about the company, went to the website real quick something Alzheimer's blah blah blah... look i don't care, technically it looks cool. If we dip down to the support its a good risk/reward with a stop loss directly below it...

Taking a close look here, there has clearly been a reaction in the zone...

The overall market looks like poop, and i trust this very little.

If it retests anywhere in the box I will throw some cash at it...

Interesting how its one of the few green on the day though...

Now were talking, Will finally take a small position if we hit this support zone for a type 2 return. then hopefully off to the races.

Almost there... With the overall context of the market, I have no idea how this turns into a winner, but yet, we will wait to see a reaction...

LOL i mean, that's a nice candle there. Not quite a bullish engulfing, not quite a piercing line, but its good enough in my eyes. if tomorrows close is above todays candle close I think I have to give it a shot.

So the candle in the above post closed red, instead i took a long down here. I suspect this bounces with ARKG, and the rest of market. This is a double bottom IMO.

Also a piercing line reversal candle, like much the rest of the market, if the daily closes here.


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