The uptrend for regn looks strong at the moment with the rsi above the 0 line but do be careful in the weeks leading up to earnings release. personally, i am long atm but that may change if I can buy it back at a lower price.
Big horizontal weekly support + 200dma average on weekly support + MACD' divergence. All in all lossing 200dma is a good short till then looks like a good bounce possible RSI trying to turn a bit here. When it moves it can move big.
TARGET 1 Price: 410.99 Profit: 12.8% (Typical rally)
Stop/Trailing Stop: 351.3 Loss: 3.6%
P/L Ratio: 3.6 : 1 - Good
POTENTIAL Excellent, there are 1 resistance areas on the way to Target 1.
Stocks may quickly rise to Targets when there are few resistance areas