CELG Final Price Target Hit for 14% Profit

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 next expanded image).

2017-12-11T09:49:33+00:00Dec 11, 2017 9:47am|Categories: Completed Trades - Long|Tags: |Comments Off on CELG Final Price Target Hit for 14% Profit