CASI Pharmaceuticals, Inc. is a biopharmaceutical company, which is focused on the acquisition, development and commercialization of therapeutics addressing cancer and other unmet medical needs. The company develops and commercializes the oncology drugs and drug candidates in China, Taiwan, Hong Kong and Macau. Its products include ZEVALIN, EVOMELA and MARQIBO....
CASI Pharmaceuticals, Inc. is a biopharmaceutical company, which is focused on the acquisition, development and commercialization of therapeutics addressing cancer and other unmet medical needs. The company develops and commercializes the oncology drugs and drug candidates in China, Taiwan, Hong Kong and Macau. Its products include ZEVALIN, EVOMELA and MARQIBO....
Yahoo finance “CASI Pharmaceuticals Inc (CASI), a biopharmaceutical company dedicated to developing high-quality products and therapeutics to the global health market, announced earlier this month that it had received National Medical Products Administration approval of Melphalan Hydrochloride For Injection.
CASI Pharmaceuticals Executive Chairman Wei-Wu He,...
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction.
Setup invalid below weekly EMA (5.73)
Think this may double back to 6.6 for an entry and go to 7 at least. Think 3-5 day Swing Trade.
Target 1 $7 will most likely exit here as this is in a downtrend
Target 2 7.33
Today, and this week will allow us to know in which direction this is heading (SHORT-TERM).
~Earnings Call 3/29/2018 ~
If the (A)ctual-EPS is disturbing we might get an interesting trend that could take a few months to recover to CURRENT price levels. Nobody wants to wait long periods of time for them to possibly break-even.
I do like the expansion in CHINA...
CASI has broken the last upward move, so it's possible to see more downside, with a potential test on the previous low. Finished this retrace i'm expecting a strong wave up.
