CELG – Celgene

Here are the support areas for CELG’s share price. The $105 area looks like the most probable and least risky area to get into CELG’s share price. That is the area I would watch for in case of a continued pullback.

The $110 area could provide a trading opportunity before earnings.

CELG has upside potential to around the $120 area. At that price, it would probably see resistance from the overhead trendline.

CELG does seem to have decent support with 3 Rising Window candlestick patterns where the window is still open (the gap hasn’t closed). Those support levels are the areas to monitor after CELG’s next earnings report. If there is any selling that does take place, where does it find support? My guess would be around the $105 area as mentioned above.