Celgene is under the radar
Celg 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).
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).
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