Reasons for bullish bias:
- Simple DOW theory
- Entry at HH breakout
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 1000.64
Stop Loss Level: 949.00
Take Profit Level 1: 1052.28
Take Profit Level 2: 1103.92
Take Profit Level 3: Open
First instance the three waves led to the point I have labelled as the loading emoji
Second instance three waves were seen aswell, which also led to a point like this
Bull runs follow these loading emoji points
REGN has been beaten down while the market is up. I think the bottom is near. Trendline is holding. Potentially starting wave 5
First PT: $550
SL: $470
