Cascadian Therapeutics (CASC)

[ospreyeye]

$ONTY Weekly Chart - very nice 3 week run - tested the 200 Day Moving Average @ 3.45 this week, but failed to close above - as this chart shows the 200 DMA is the Key level to close above & turn into support - a close above the 200 DMA would be bullish - candles above the 200 DMA on the weekly chart = more upside potential - fail to break the 200 DMA w/ a close above for the week = downside risk -

Fast Sto is hitting the 80 power/overbought zone - RSI @ 73.93 & in the "power" / overbought zone -the MACD Line is positive & pointing north - 3.00 & 2.50 are 2 support levels to hold on a pullback - the 100 DMA @ 2.16 & the 50 DMA @ 2.07 are Key levels to hold & turn into support on an extended pullback -