Judging by previous waves of the CLDX chart it seems that we need to test support at $21-$22 before moving higher. I just hope that trial results will be strong enough- the management can't hold it enthusiasm regarding coming presentations and now we all have high expectations. It used to be "underpromise and overdeliver" now I'm afraid we'll get something like "sell on the news" (eventually). And, where CDX-011 p3?
What are you talking about? That has been tested and DONE. You are about two-three weeks and a day behind. 24.50 perhaps and that is a huge stretch. I think we have consolidated nicely between that and 25.30 . There has been nothing for weeks, a couple of months, but mini retraces with huge support and new buying at every stinkin (or rather beautiful) level!!
back to 25 hopefully.....new sa article out......In June 2011 at a tiny market capitalization of $150 million, I suggested that Celldex Therapeutics (CLDX) was set for a "transformational year." In February 2013 at a market cap of $700 million, I called the company "a bargain that would not last much longer." Now, at a market cap nearing $2 billion, I suggest that the best is yet to come.
Every announcement by manamegent, every analyst comment, every article about CLDX is positive. The best is indeed yet to come. If CLDX rockets back to $25 tomorrow, the shorts will be toasted soon.
Sentiment: Strong Buy