Another stock that's just starting to enter breakout territory is Celldex Therapeutics (CLDX), which is focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other difficult-to-treat diseases. This stock has been red hot so far in 2013, with shares up a whopping 90%.
If you take a look at the chart for Celldex Therapeutics, you'll notice that that this stock has been trending sideways in a consolidation chart pattern for the last two months, with shares moving between $11.01 on the downside and $12.49 on the upside. Shares of CLDX recently formed a triple bottom chart pattern just above $11 a share. This stock has now started to break out above some near-term overhead resistance levels at $12.34 to $12.49 a share with solid upside volume flows.
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