NASDAQ: SAVA’s share dropped 13% through the week and more than 20% in the previous month. Cassava Sciences, Inc. has a market capitalization of $752.102 Million, with a spread of 832.123k in traded volumes. The stock is dwelling near the 52 week low and draws nearer to the support of $16.75 in case of failure to revive. If buyers suceed in pushing SAVA beyond the threshold, subsequent resistances at $21.10 and $23.13 are to be reckoned. The decline of SAVA began near the beginning of March. Techncal assessment points to potential surges, speculating on the chances of a price reversal if selloff is nulled at the opening. There are 39.408 Million SAVA’s shares that are free-floating, while the remainder of 2.562 Million is pinched by the company’s backers and board of directors.
The annual price target for SAVA stands around the magnitude of $99.50; around 455.25% greater than the current share price. Investing in or trading digital assets come with a of hitch of financial loss. It is wise to opine the words and notions of experts before making any kind of investment.
