Cascadian Therapeutics (CASC)

[THREE-DAY-TRADER]

Looking short term cheap here around 1.27-1.30 area today so far. We may be likely hitting a critically oversold threshold--- at least for the short term in my opinion. Could see a good technical reversal bounce to 1.70-2+ in short term, maybe much more of we get news.
...Not calling it certain at bottom today, but I think we are close.
Seems like a good stock to start considering taking some risk on for short term trade.
Has a decent amount of cash for near term + ONTY has nice amount of positive news catalysts going forward.

Also compare to the sector (S&P biotech) below. I also similarly like LABU showing good signs since Friday.
Also good potential for a good developing short term buy for a trade.






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