jangseohee

Price & Indicator must both break out

NASDAQ:CELG   CELGENE CORP
133 9 3
CELG             is about to break resistance. In order to have higher probability of a win trade, the resistance also has to be broken.
However, as the price is moving higher, RSI is in general moving lower.., i am skew towards shorting once there is a break out

Note: not forgetting CELG             is in major uptrend
snapshot

long til channel top, a slight dip is a good buy
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CELG is making a run for it today!
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jangseohee DRZogje
Yes, which means i am ready to short it!
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