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CELG Retracement Bounce

CELG, Celgene Corp., continues to look strong even in this bear market.

A few weeks ago, I drew up a stock chart analysis when CELG made an ascending triangle breakout to all-time highs. After a 10% rally following the breakout, CELG retraced to the support. 

Today, CELG made a bullish bounce off the support, which reflects bullish sentiment on this stock.