CELG Chart – March 24, 2009
Celgene (CELG) is giving mixed signals. It might be better to wait for a better entry point than it’s offering now.
- Coming to a pivot point where two trend lines are about to meet. Might be good to see which direction wins before over committing.
- Held support at 10 day moving average – bullish.
- 50 day moving average could act as resistance – bearish.
- Bullish crossover from 10 and 20 day moving averages happened a couple of days ago.

More on this topic
(What's this?)
(CELG) Celgene Reports Earnings Ahead of Estimates
(Stock Blog Hub, 1/30/10)
(CELG) Celgene Corporation Expands into Cancer Drugs
(Stock Blog Hub, 1/19/10)
End of Month Summary - February 2009
(My Trader's Journal, 3/2/09)
Sold CELG Naked Puts
(My Trader's Journal, 12/5/08)









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