Thursday, April 19, 2007

CELG Breakout

CELG has been a favorite of mine for many years, but it's been a persnickety stock to hang in there with. The best thing about CELG is that it has strong sales and earnings growth, which is hardly a given among biotechs.

This is a beautiful breakout in a market environment currently favoring biotechs. The odds favor a decent rally from here.



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