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SmoothJB
Sep 19, 2021 4:45 PM

SBTX 

Description

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.
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