A few months ago, we noted that CASI Pharmaceuticals $CASI was anchoring above $2.00 and could push towards the $4.80 high established in October 2017. CASI Daily Chart(click to enlarge)Bullish Signs:- The fact that price held above $2.00 in October was a bullish sign. - Then when it held above the 200-day simple moving average in December while the RSI held above 40 was another bullish sign.- Currently, price is breaking above a triangle resistance, another bullish sign.- I think the outlook to $4.80 continues to strengthen, but in the short-term, there might be resistance here around $4.20.- But if this is indeed a bull market, price should stay above $3.80. Below that anticipate some consolidation. Then if price falls below $3.60, I would anticipate further correction to $3.00.- Otherwise, we continue to anticipate a bullish push towards $4.80 and possibly $5.00.