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Actionable news in CELG: Celgene Corporation,

Celgene's Deep Pullback Reaches Key Support

Celgene ( CELG) has been under pressure since late Tuesday. The narrow consolidation that followed the stock's powerful post-Brexit rally, which lifted shares over 25%, was unable to hold a selling wave in the middle of last week.

Celgene took out layers of support since then but is now settling in near a very low-risk buy zone. For patient investors, a very low-risk buying opportunity is developing.

Midway through Celgene's surge off the June low, the...