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.
» Technical Spotlight » St50 Technical Spotlight – Celgene Corporation