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The RS climb last Friday drew me into REGN while the market was getting soft. Yesterday, I sold most of the REGN once it was clear we had the "Largest daily price run-up" of the burst.
When the 50 DMA moving average is flat, it seems reasonable that a test of the 50 DMA will occur lower in price.
Makes sense taking 10% a midst the 6 distribution days and choppy weather. With 84% volume I'm curious to see what happens.