When Regeneron Pharmaceuticals ($REGN) Moves Investors should Listen
October 19, 2023, 14:00 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for REGN
- Buy REGN slightly over 803.51 target 851.14 stop loss @ 801.19 Details
The technical summary data tells us to buy REGN near 803.51 with an upside target of 851.14. This data also tells us to set a stop loss @ 801.19 to protect against excessive loss in case the stock begins to move against the trade. 803.51 is the first level of support below 812.575 , and by rule, any test of support is a buy signal. In this case, support 803.51 is being tested, a buy signal would exist.
- Short REGN slightly under 851.14, target 803.51, stop loss @ 853.6 Details
The technical summary data is suggesting a short of REGN as it gets near 851.14 with a downside target of 803.51. We should have a stop loss in place at 853.6though. 851.14 is the first level of resistance above 812.575, and by rule, any test of resistance is a short signal. In this case, if resistance 851.14 is being tested, a short signal would exist.
Swing Trading Plans for REGN
- Buy REGN slightly over 834.88, target 851.14, Stop Loss @ 832.47 Details
If 834.88 begins to break higher, the technical summary data tells us to buy REGN just slightly over 834.88, with an upside target of 851.14. The data also tells us to set a stop loss @ 832.47 in case the stock turns against the trade. 834.88 is the first level of resistance above 812.575, and by rule, any break above resistance is a buy signal. In this case, 834.88, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short REGN slightly near 834.88, target 803.51, Stop Loss @ 837.29. Details
The technical summary data is suggesting a short of REGN if it tests 834.88 with a downside target of 803.51. We should have a stop loss in place at 837.29 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 834.88, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for REGN
- Buy REGN slightly over 829.31, target 834.88, Stop Loss @ 827.38 Details
If 829.31 begins to break higher, the technical summary data tells us to buy REGN just slightly over 829.31, with an upside target of 834.88. The data also tells us to set a stop loss @ 827.38 in case the stock turns against the trade. 829.31 is the first level of resistance above 812.575, and by rule, any break above resistance is a buy signal. In this case, 829.31, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short REGN slightly near 829.31, target 803.51, Stop Loss @ 831.24. Details
The technical summary data is suggesting a short of REGN if it tests 829.31 with a downside target of 803.51. We should have a stop loss in place at 831.24 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 829.31, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Regeneron Pharmaceuticals (REGN) available here: REGN.
REGN Ratings for October 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
753.12 |
| P2 |
829.31 |
834.88 |
803.51 |
| P3 |
841.86 |
854.66 |
851.14 |
AI Generated Signals for REGN
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Regeneron Pharmaceuticals (NASDAQ: REGN) report below is a real world example. Included are trading plans for REGN, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for REGN:
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