Cascadian Therapeutics (CASC)

[ospreyeye]

$ONTY 15 min. chart - after the monster Gap Up open above the upper Bollinger Band @ 4.45 the candles worked their way back into the Bands where they found EMA's 4 & 8 support - the candles have been riding EMA's 4 & 8 support ever since - they are the Key support levels to hold - if they break the middle BB @ 4.06 will be on deck - as long as middle BB support holds the up trend should continue -

Fast Sto & RSI are in the overbought/power zone - the MACD Line is still above the Signal Line - very nice volume today - the Key for $ONTY bulls is to bust through the upper BB & test HoD 4.69 resistance -