Blog Post: Day 27 of $QQQ short term down-trend; 59 new US highs and 149 lows; Weekly chart suggests $REGN breaking out of a rare flag pattern towards ATH

GMI0/6
GMI-23/8
T210827%

When a stock breaks out of a flag formation its rise typically is as large as the flag pole. That could imply a $150 move up for REGN to around $900. In early September, REGN released strong findings for their drug, Eylea.

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