Regeneron Pharmaceuticals may rise to 1132.00 - 1150.00

1037 is our pivot point.

Our preference

As long as 1037 is support look for 1132.

Alternative scenario

The downside breakout of 1037 would call for 1007 and 989.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 1063.5285 and 1022.056).

Supports and resistances

1168 **

1150 *

1132 **

1113

1063.6 (USD-last)

1049

1037 **

1007 *

989 **

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