MaryJane

2 clear Action points

NASDAQ:CELG   CELGENE CORP
266 6 39
We can see a triangle without knowing if it is bullish or bearish . Because of that, we have a very wide "neutral Zone" between 93$ and 111$. The edges of this Zone are interesting Action Points.
In my Chart i have figured the two thinkablecyclical positions.

The risk-loving anticyclical Investor could also buy the actual Support Level with a sl near below the last low.

If you like it -like it!

Comment: action point reached!
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Comment: Breakout in full swing -rsi overbought - we have to exspect a short dip back to the bo-niveau
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Comment:
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"The risk-loving anticyclical Investor could also buy the actual Support Level with a sl near below the last low."

this is the best part i like "grt"
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MaryJane cloudtraders9
like :-)
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MaryJane cloudtraders9
i think most of the people play "buying supports"...
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Triangle setup can break on anyside but the probability sides can be gaged
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I think the momentum swings to the downside on this one.
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MaryJane CyberNV
as Long we are trading below 108,8 , the momentum is still bearish..jepp...
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