CAS (A.M. Castle & Company) is currently backtesting the falling wedge pattern as well as horizontal support, once again offering an objective entry or add-on. Stops remain on any move below 10.80 & targets remain as previously posted (see 120 minute chart). With the broad markets sucking wind lately, this trade may very well go on to be stopped out soon. However, I just wanted to update the trade as if CAS does happen to reverse off this daily horizontal support level & the backtest of the wedge pattern, any new entry or add-on here (CAS is trading at 10.90 as I type), offers a R/R ratio of nearly 11:1 to the first target (obviously an even better R/R to the 2nd & 3rd targets). Again, this trade may very well be stopped out soon or even by the time that you read this but from a pure risk/reward perspective, aggressive traders could take a shot at a long here with minimal downside & considerable upside. Updated daily & 120 minute charts below.