REGN is in a historical bullish trend, and right now offers a potential buying opportunity:
Discount at Strong Support: After a pullback, the stock has reached a key support level, providing a good entry point.
Excellent Risk/Reward: With a 1:14 ratio to the all-time high (ATH), the upside is significant for those willing to risk.
Bullish Signals: Last week showed a strong bullish candle, and the rising volume over the past month suggests growing accumulation, indicating renewed buying momentum.
Now could be an ideal time to buy, targeting a bounce back to the ATH.