$CELG with earnings in 4 days. Upside bias 105.41 downside 86.09
CCELG with earnings in 4 days. Upside bias 105.41 downside 86.09 June 9 time cycle pending earnings price action.
Of special note with this set-up is where trade closed Friday (91.18). This specific area of the chart is a volatile area (see yellow circles to left). There are large gaps between Fib support and resistance areas. Prepare for volatility in to earnings.
I think it's likely we see lift in to earnings. But as always trade price direction in to most logical target between support and resistance as noted on chart.
Of special note with this set-up is where trade closed Friday (91.18). This specific area of the chart is a volatile area (see yellow circles to left). There are large gaps between Fib support and resistance areas. Prepare for volatility in to earnings.
I think it's likely we see lift in to earnings. But as always trade price direction in to most logical target between support and resistance as noted on chart.
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