Best Stock Picks Today | SAVA Promising Alzheimer's Drug 2-5-21

Best Stock Picks Today | SAVA Promising Alzheimer’s Drug 2-5-21

Cassava Promising Alzheimer's Drug
Cassava Sciences (SAVA) said Thursday its Alzheimer's treatment showed promise in a six-month study. SAVA stock bolted to a record high, and then plummeted.

Researchers studied Cassava's drug, known as simufilam, in 50 patients with mild-to-moderate Alzheimer's disease. Source: 
After earnings, EBAY has moved back into our watch list with a solid breakout and room to go. Profit taking saw most of the volume yesterday but the stock looks to have swing trade potential.

Another tech stock worth noting is TWTR. With a tumultuous January and a vicious decline, the stock clawed it's way back to our previous breakout level. The next move would be new all-time highs.

VRM shows a buy stop candidate over the 45 level with profit potential into the 60 area.

OSTK remains one of the top stocks we're trading in the boot camp. Yesterday the stock paused giving us a new “optimal entry” the 100 level as the next profit target.

Open swing trades that could hit our targets today include, GS, JPM and GM. Two other trades discussed earlier in the week DKNG and PENN have traded nicely higher as well.

Pete Renzulli
 

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