Short

Celgene, A teller of tales

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Notice Impulse waves happening over years at a time on a very solid decade cycle. Solid double top with breakdown.

Looking for the next big recession in the next year or two. That being said I'm looking for a stock melt up that im almost sure will happen. Many stocks may see big bull-runs before finally entering the bear market.

For Celgene, this melt up might make the stock see a correction to $100 dollar level before a continuation of the current downtrend.


Short term long, but long term short. wrap that one around your head ;)
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Gonna change my target for this one. There's a good chance this one retests $130 given how fast the current retrace is happening. Happening over another year, that is an insane ROI!
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