This can be a good opportunity to jump in on REGN . The price performance has been declining significantly over the last months, yet the fundamental performance of REGN has proved to be resilient and pretty healthy. As the stock seems to hit a major support area , this can be the right opportunity to buy in. I am bullish on this one for the long term. I would set the stop around 440-430.
The question, is should I set stop losses in the event of a market crash or wait it out while in REGN?
HR_D
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@zytenthecruel, thanks for your comment. if your due diligence makes you strongly confident on REGN to the point where you feel comfortable holding to it during a major drawdown or market crash, I see no problem holding on to it... if you are proved right, the down move will be nothing but noise. On my side, I stick to rigid stop losses, no matter what... If the market moves against me to the extent of my stop, I am out. Cheers
Dave-FX-Hunter
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Always following your analysis i
HR_D
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thanks @Dave-FX-Hunter, keep it coming on your side as well. Cheers