Regeneron Pharmaceuticals may rise to 1060.00 - 1077.00

972 is our pivot point.

Our preference

The upside prevails as long as 972 is support.

Alternative scenario

The downside breakout of 972 would call for 943 and 926.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 983.8295 and 948.8706).

Supports and resistances

1094 **

1077 *

1060 **

1042

1002.95 (USD-last)

984

972 **

943 *

926 **

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