Regeneron Pharmaceuticals may rise to 1047.00 - 1065.00

Our pivot point stands at 952.

Our preference

The upside prevails as long as 952 is support.

Alternative scenario

The downside breakout of 952 would call for 921 and 904.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 956.3135 and 944.333).

Supports and resistances

1084 **

1065 *

1047 **

1028

980.57 (USD-last)

964

952 **

921 *

904 **

Number of asterisks represents the strength of support and resistance levels.