St50 Technical Spotlight – Celgene Corporation

on February 20 | in Technical Spotlight | by

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

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