So What?
SAGE has been on its own phase the last 2 trading days.
Jan 7 - announced Phase 3 success of SAGE-217 for postpartum depression; same day AXS-05 for MDD was reported.
Both drugs are being compared to each other for the future MDD treatment; promising (as usual).
Axsome is a low hanging fruit with a higher volume but I do like how SAGE moves. I'll have to see this through.
Short float is at 7.78%, need more volume.
Word is, there is a "little innovation" nowadays when it comes to CNS disorders like depression, which makes SAGE-217 is worth the watch.
SAGE has been on its own phase the last 2 trading days.
Jan 7 - announced Phase 3 success of SAGE-217 for postpartum depression; same day AXS-05 for MDD was reported.
Both drugs are being compared to each other for the future MDD treatment; promising (as usual).
Axsome is a low hanging fruit with a higher volume but I do like how SAGE moves. I'll have to see this through.
Short float is at 7.78%, need more volume.
Word is, there is a "little innovation" nowadays when it comes to CNS disorders like depression, which makes SAGE-217 is worth the watch.
Trade closed: target reached
Note
On watch for a sell-off on Feb 19th when they report Q4 earnings. Possible pullback.Disclaimer
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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.