Rochester, NY 8/10/2009 11:05:07 PM
Celgene Corporation CELG - Celgene PriceWatch Alert Targets Declined of $53.53
Celgene Corporation CELG
Celgene has hit $54.80 at closed market. So far the stock has hit a 52-week low of $36.90 and 52-week high of $77.39. Celgene stock has been showing support around 53.53 and resistance in the 56.19 ranges. A Technical indicators shows that the company’s stock-still continues to move.
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CELG appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at an Oct '09 55-covered call (LQH JK) for a net debit in the $51.30 area. That is also the break even stock price for this trade.
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