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.
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