6/6/2016, a StockConsultant.com news release : CLDX (Celldex Therapeutics) (quote 4.86 +0.3,+6.6%) stock has had a recent price drop and gap down due to the failure of a brain cancer test. It has since recovered some and is poised for a bottom breakout. The stock currently sits at 4.75 double resistance formed two months ago with a breakout watch above 5.11 and price target of 6.77, (+39.3%) which would fill the upside gap with a healthy gain.
CLDX is a biotech company with 199 employees and market cap of $450 million. Its products include therapeutic antibodies, antibody drug conjugates, vaccines, and immune system drugs. The symbol is listed on the NASDAQ stock exchange with typical daily volume of about 3 million+ shares a day and the stock price currently is close to the 52 week lows.
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