St50 Technical Spotlight – Celgene Corporation

Post by Ben C Banks (@BenCBanks)

Celgene Corporation ($CELG) has been consolidating for five weeks after making a twenty point move from $80 to $100. Celgene is currently trading within a tight wedge pattern and also a tight channel. A break out above the $102 point should be buyable with a stop around $97.50. The earnings date is on April 25th. Click to enlarge image. 

2-19-2013 CELG

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
StockTwits 50 Blog
  • Subscript to StockTwits 50 by email