TRADING TIPS

CELG Short with Target

Hubert Senters here. Let’s take a look at CELG. Nice little sell signal here. Let’s take a look at that chart here. So I can sell you on this bad boy. So not a hard sell. Pick- up here at $140, sold to the cloud. There’s not not a weekly chart bounced up and really can’t catch its breath without a game dunked underwater and drown live here a little bit more. Now, let’s focus on the daily chart. As you can see big gap down, touch the cloud, kiss of death right here again where you got one, two, three trades right here into the bottom underbelly of the cloud and now, it’s taking out that most recent low. So next target is going to be in the $70 area. So CELG next target $70 with a hard stop around $93.24. Good luck. Hope it helps and I’ll see you on the next video. Hubert.

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