REGN - Target 330.23, stop 383.13 January $330 Puts $4.45.Target 330.23, stop 383.13 January $330 Puts $4.45.
REGN trade ideas
REGN come down.Based on intuition. A lost skill in this world of systematics who never learned how to actually trade.
Regeneron is a volatility lovers dreamREGN is better suited for short term swing trading than TSLA or CMG. The predictable price action patterns make this worth trading although with increased volatility comes increased risk. The predictable nature helps to prevent getting caught on the wrong end of a 30 point swing.
Regeneron in ProfitWe expected a bounce and here we got one.
It's really early in the trade but a good sign of beeing already in profit.
On weakness, I will watch price action and maybe add to my position.
REGN - Long - Swing+ side way price movement over the past week
+ price pop supported by above avg. volume
+ very tiny upper shadow
Will REGN refuel before 380?Assumes wave 4 to end just above wave 1 around 380
Takes into account days/price change for waves 1 n 5
Regeneron momentum-- 480?Theres still about $25 Regeneron can fall before it would begin to retrace the so called "wave 1" momentum.
