Celgene's most recent trend suggests a bullish bias. One trading opportunity on Celgene is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 6.04% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $9.43 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Celgene is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Celgene is bullish.
The RSI indicator is at 65.81 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Celgene
Celgene Encourages Psoriatic Arthritis Patients to “pSAY YES!” a Different Approach to Disease Management
Wed, 25 Feb 2015 16:34:25 GMT
noodls – Celgene Encourages Psoriatic Arthritis Patients to “pSAY YES!” a Different Approach to Disease Management Celgene Launches Psoriatic Arthritis Educational Patient-Focused Program February 25, …
Psoriatic Arthritis Patients “pSAY YES!” to a Different Approach to Disease Management
Wed, 25 Feb 2015 13:00:00 GMT
PR Newswire – Psoriatic arthritis, a painful and debilitating chronic condition, impacts approximately 750,000 Americans. As part of the “pSAY YES!” program, Celgene has enlisted the help of patients living with psoriatic arthritis from across the country, as well as chronic illness life coach Rosalind Joffe and leading rheumatologist Dr. Joseph Markenson, to develop tips specifically for patients living with and managing their disease. Tips are focused on areas most commonly impacted by psoriatic arthritis including work, hobbies and relationships.
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Tue, 24 Feb 2015 19:27:00 GMT
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Tue, 24 Feb 2015 17:56:00 GMT
United Therapeutics Blood Pressure Drug Lifts Q4
Tue, 24 Feb 2015 15:04:00 GMT
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