Regeneron Pharmaceuticals may rise to 1147.00 - 1167.00

1043 is our pivot point.

Our preference

As long as 1043 is support look for 1147.

Alternative scenario

Below 1043, expect 1013 and 994.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 1064.566 and 1031.4526).

Supports and resistances

1185 **

1167 *

1147 **

1128

1078.63 (USD-last)

1056

1043 **

1013 *

994 **

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