CELG Stock: On the Fence
There comes a time when a stock will sit on a prevailing trend line. It is at this point where the stock can bounce off this line, or it can fall through this line, causing a major trend reversal. Nothing is forever, but trends can continue longer than most people can fathom. With this in mind, both scenarios have an equal chance of playing out when such an instance occurs. Celgene Corporation (NASDAQ:CELG) stock is sitting in this exact precarious position as I write.
It is for this reason that I do not.
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There comes a time when a stock will sit on a prevailing trend line. It is at this point where the stock can bounce off this line, or it can fall through this line, causing a major trend reversal. Nothing is forever, but trends can continue longer than most people can fathom. With this in mind, both scenarios have an equal chance of playing out when such an instance occurs. Celgene Corporation (NASDAQ:CELG) stock is sitting in this exact precarious position as I write.
It is for this reason that I do not.
Den vollständigen Artikel lesen ...