Completed Trades are trade ideas that have hit one or more of their price targets. Many trade ideas will list multiple targets as some traders might choose to hold some or all of the position for an additional target(s) after the initial target is hit. Therefore, many trade ideas on this site will often appear in both the “Active” and “Completed” categories simultaneously. Trades are removed from the Active Trades Category either upon hitting the final target or if stopped out before then. Once removed from the Active Trades category, these trades and all associated posts will be archived indefinitely in the Completed Trades category for future reference.
The CELG (Celgene Corp) swing trade has hit T2 (110.38) for a 13.8% profit. As this was the final target, consider booking full profits or at least raising stops. This trade is a nice example of how technical analysis can be used to catch tops & bottoms as the entry for this trade was made just off the lows on Oct 26th, within minutes after the stock bottomed on October 26th following a near-vertical plunge of 36%. Previous & updated daily charts (click first chart to expand, then click anywhere on the right of each expanded chart to advance to the [...]