CERN triangle breakout coming -- bullish

CERN has been forming a triangle as it decides between two different parallel channels. I expect the longer-term upward channel to prevail on the strength of impressive analyst ratings and the overall strength of the healthcare sector. Look for an entry below 71.63 in the next week, with stops below the triangle.
Comment: CERN broke out today. We'll probably still get some pullback tomorrow for a buying opportunity.

Comment: Cern is below its channel, so I've closed out my long position.
Keep it up mate, great work! @ChristopherCarrollSmith
+1 Reply
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