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AronInvest Portfolio July 21, 2011 Watch: Celgene (NASDAQ:CELG)

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AronInvest™ picked Celgene as a stock to watch for upward momentum on June 27, 2001 ( .

The reasons for picking Celgene were, among others, that Celgene had had very good news in the previous weeks. This had pushed the stock in the good performance territory. The price of Celgene then was $59.33.

In the past weeks, we observed a seesaw movement, that followed the overall market performance. The uncertainty in the market did not spare most of the stocks. However, Celgene had a upward trend in general and reached a high of $62.27 on July 8 and then $61.90 with a closing price of $61.49. This corresponds to an increase in price of 4% in the last three weeks.



Overall AronInvest™ prediction has been accurate; expect a bullish trend on the stock in the near future. AronInvest™ continues to keep the Celgene stock in the portfolio to watch for upward movements.



©AronInvest, 2009-2011.
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Tagged in: AronInvest CELG Celgene

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