Celgene 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$.
Notice this big sideway phase and the recent breakout, in my view this pullback could be a good chance to enter.
I encourage everybody to make his own analysis.
Blessings
I have entered half of my position around 127.50$ 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$.
Notice this big sideway phase and the recent breakout, in my view this pullback could be a good chance to enter.
I encourage everybody to make his own analysis.
Blessings
Comment:
Already +10% up and target is still seen around 150$. Break of all time high is just a matter of time!
Trade closed manually:
I will close this position today at 145$ for more than 12% profits and wait for pullbacks to reenter!
