Morning Movers Gapping Up $Hims & Hers Health (HIMS.US)$Hims & Hers surged 34.1% and$Novo-Nordisk A/S (NVO.US)$increased by 4%. This followed Novo Nordisk's announcement that it will broaden the availability of its weight loss drug Wegovy by offering it through telehealth providers Hims & Hers Health, Ro, and Life MD, now that the drug is no longer facing shortages in the U.S. $SoFi Technologies (SOFI.US)$stock rose 5.9% after...
$Regeneron Pharmaceuticals (REGN.US)$Sold my trading position at 734. Put a limit buy order at around 600 to wait for the gap fill. The 200 week moving average is a key resistance. The company has to prove the Eylea franchise revenue will not be significantly eroded by biosimilars.
$Regeneron Pharmaceuticals (REGN.US)$In traditional technical analysis, you would think this is likely reversed given the engulfing pattern with strong volume at an earnings event. But in this trending market, a higher high has to be established.
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skumaar42 : Great info!