CASI Pharceuticals $CASI recently popped up above a multi-year consolidation. The weekly chart shows CASI rallying sharply in September and October, pushing above key resistance pivots since 2012. However, we can also see that the breakout was faded sharply as well.CASI Weekly Chart(click to enlarge)Breakout and Pullback:- The breakout was quickly faded before it reached 5.00. But remember it was just 1.00 a couple of months ago.- Although the pullback is sharp, it has not invalidated the bullish breakout. I think a break below 1.80 would be a bad sign for the bullish outlook.- Otherwise, I think we should anticipate support as price nears 2.00. - Looking at the daily chart, I would also anticipate support as the RSI approaches 40. - I think if the market DOES indeed show respect 2.00 area as support, there is upside back towards 5.00, though we should probably NOT expect the same intensity as we saw in the last pop. CASI Daily Chart(click to enlarge)