NASDAQ:SBTX   None
Silverback Therapeutics Inc (NASDAQ:SBTX) has been in a tremendous tailspin the last two months. I think this stock will post a sharp rally from current levels. This was a $31 stock in August and at $12.55, in my honest opinion, there is a compelling risk/reward scenario. Plus, the OBV indicator is displaying a bullish divergence, showing high buying volumes. The risk is the stock continues to fall, the reward is a swift 20-35% type move for this highly oversold stock. I've been spot on with these bottom plays recently.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.