Tuesday, January 19, 2010 12:41:04 PM
Briefing on RGEN action, with chart:
12:31 REGN Regeneron Pharms moves in tandem with the strength in the biotech space as shares of this stock probe very notable weekly technical resistance surrounding the 25.00 mark
We see topping action around 25.00~25.25 going back to late 2007 in play again today. Watch for a key breakout or continued resistance/sellers in this price zone.
HoD now @ 25.10
12:31 REGN Regeneron Pharms moves in tandem with the strength in the biotech space as shares of this stock probe very notable weekly technical resistance surrounding the 25.00 mark
We see topping action around 25.00~25.25 going back to late 2007 in play again today. Watch for a key breakout or continued resistance/sellers in this price zone.
HoD now @ 25.10
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