Anything is possible with a low float

Wait for breakout of long term downtrend
we can see big weekly accumulation
lot of gaps to fill on the daily

Shs Float 28.61M
Short Float 5.18%
Insider Own 17.50%

Casa is a leading provider of converged broadband infrastructure technology solutions for wireless, cable and fixed networks.
12 nov:
unveiled its new NetComm CloudMesh: provides leading network visibility, analytics and self-optimization to ISPs enabling them to solve the in-home WiFi experience problem.

Todays' jump:
* announced that Maurizio Nicolelli, Chief Financial Officer, has notified the company of his intention to resign to pursue a CFO opportunity outside of the communications technology industry. Mr. Nicolelli has agreed to assist in the orderly transition of his CFO responsibilities and will remain with the company until January 31, 2020.

* Raising its fiscal year 2019 GAAP revenue guidance range from $255 million to $270 million to $275 million to $280 million. The Company also expects to meet or exceed its fiscal year 2019 guidance for gross margin, adjusted EBITDA, and GAAP and non-GAAP diluted net loss per share previously provided in the Company’s earnings release for the quarter ended September 30, 2019.
Trade with caution, Earnings coming out the 30th of April AMC.
The recent rise (155% since march 13) has been on low volume and earnings anticipation.
Put/Call Open Interest Ratio = 0.61, suggesting the crowd is bullish
Depends on your style, a contrarian trader would see this as a sell signal.
200 MA and 50 MA is still confirming a downtrend.
Short term Bullish as 20 MA crossed 50 MA and RSI above 50.
Casa is at a resistance point, retraced back to the 200 MA and resistance it has tested 3 times.
CASA is expected to beat Earnings and could result in a buy the rumor sell the news event.
Which in itself could lead to an earnings Gap Pullback buy opportunity.


huge falling wedge breakout can you update my friend
+1 Reply
Resistance 3 (R3) 5.80
Resistance 2 (R2) 5.47
Resistance 1 (R1) 5.29
Pivot Point 4.89

this is what I have pivot pocket confirms 200 MA uptrend . Im seeing a retest off 6.75 sky is the limit thanks for the update
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