CELG Shifts SidewaysCELG hit a strong resistance level after a 3-week momentum trend. This resistance is strong. The consolidation has Professional Trader footprints.
Celgene
CELG Bottom Completion Tests Higher ResistanceCELG completed a long-term bottoming formation in June and recently moved up to challenge a higher resistance level.
Celgene (CELG) sell signalsCelgene (CELG), Monthly chart: 4 years long mirror level + 2 Pin bars/"Shooting Stars" candle patterns.
CELGENE Buyout Was Predictable - Monthly Earnings Model I ran CELG in my earnings model using monthly data and it picked Dec 2018 as optimal buy point
brschultz / markettimer777
($celg) Celgene: not so fastCelgene helped by the company's buyback has turned positive after a complicated year. Despite this in terms of foundamentals two drugs are on the way to be developped but such developments will be revealed in the next year so patient is a must for those who wants to invest of something concreate. On a technical point of view yesterday price faild to cross MA 200. This is an importante resistence and a tp for those who bought shares in the last weeks as the RSI is overbought, thus a little pullback is expected in the next days.
Levels to watch are the followings as reported: 89.20, 86.27.
Celgene ($celg) if tomorrow...if only tomorrow....Weekly chart: we have the downtrend channel clearly defined on a weekly basis. On a monthly basis we have already had a minimum of swing with a dragon fly bullish, on a daily chart some signs of an incoming uptrend as described in the latest posts...but tomorrow...tomorrow is where we play the game with the last resistence in place at 86.72 dollars. Once we get out of the channel and we leave this solid resistance it will mean that Celgene will be ready to come back to war.
I will be long in case the price breaks such thresold because signs of long will get really clear.
Break of tweezer top on $CELGToday and yesterday have the same exact high at 86.15, which makes that a tweezer top . CELG has made a nice recovery from the sell-off and looks to be holding the 100 day SMA on daily.
If triggered in, I will look to close out before earnings on July 26 next week.
Celgene is under the radarCelg is under the radar because after an insane downtrend, calm and a bit of optimism is getting back. Price is consolidating in a narrow range and on friday we have seen a first endeavour to break the flag with no success. This has happend because MA 50 has acted like a resistence.
If the price breaks the wall of 80/80.50 with momentum I expect a new buy long with a new uptrend. As showed price has never tried to under 74 dollars since several weeks, plus volatility is really squeezed. I will carefully watch the graph along the next weeks (watch and wait).
CELGENE PULLBACK PROVIDES A GREAT LONG OPPORTUNITYCelgene is one of my top picks in the biotech sector, it is fundamentally strong, and the chart is providing a great potential breakout picture.
I have entered half of my position around 127.50$ and looking to add around 123$ with a hard stop below 116$ below 115$ there is a chance that we get back to 100$ though i am not expecting this scenario right now. Targets are new all time highs around 150$.
Notice this big sideway phase and the recent breakout, in my view this pullback could be a good chance to enter.
I encourage everybody to make his own analysis.
Blessings
celgene new 52 week hidhs? click for chartHello Traders,
Yesterday celgene got news after hour. check for it
MACD cross bullish
2 resistance need to break for new 52 week hihs
124.16 and 125.38
than we will see new 52 week highs
on Friday celgene wil traded on s&p