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Regeneron (REGN): A FLAT ABC (3,3,5) Correction by haejin

View this thread on: hive.blogpeakd.comecency.com
· @haejin · (edited)
$52.24
Regeneron (REGN): A FLAT ABC (3,3,5) Correction
<center>![](https://steemitimages.com/DQmWPk9pGawtxkJQ11KtjmsDaJ4Nnz84ggyRCdVJsq6f8TZ/image.png)</center>
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**SUMMARY**

Regeneron (REGN) is another biotech which I don't often analyze but the chart seemed impeccable in its Elliott Wave sequence. The initial impulse rise has been quite interesting because the five waves led to an ABC flat corection. The Flat type is when the A wave is made up of 3 subwaves usually labeled as ABC. In the below chart, the abc is quite distinct as the subwaves of red A. Red B is also consisting of 3 subwaves of abc. The red C wave down always has five subwaves and that is the norm for an ABC sequence. 
![](https://steemitimages.com/DQmbCvLFXwzLapMKma52eZ7pxXZf4WE6YMy4SgrHevqBoVo/image.png)

In this chart, I've labeled the subwaves of the C down. The five waves (white) show that all excep wave 5 has been placed. That means that once wave 5 is complete, a price turn is expected. To this end, the MACD is a bit oversold so an incremental dip could suffice before a trend reversal. Let's see how the next few weeks play out.
![](https://steemitimages.com/DQmYXBLvU5UoGQW1emYcYADnLrtfBbhrze9uukhaaDsfrV6/image.png)





**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>


Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
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<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif



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@franchino23 ·
Hi @haejin, tx for your great posts, REGN seems good, can you tell me if my sub waves A from ABC correction is right here?

best regards

https://www.tradingview.com/x/aS6N2HXj/
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@fyrstikken ·
$185.36
Nobody DELEGATES to @Booster, except ME! It is MY BOT and it is MY SP! Why the hell are you spamming all this misinformation - Do you want to die? Because you are right now fucking with one of the most dangerous individuals on this platform, I pay people to find and take arrest in slanderers like you, I pay them extra to FUCK YOU UP HARD! Wanna take this OFFLINE little bitch? Wanna see what happens when I get really really angry?

I expect you WRITE AN APOLOGY QUICK AS POSSIBLE!

Now I am ANGRY with you!
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@luke490 · (edited)
Was going to say something about how down-votes don't by default equate to "THOUSANDS OF DOLLARS" spent.... if that vote power is being used to protect the value of the collective tokens... But then I'm thinking "who's going to protect me from this billionaire if I point out an obvious fact he does not want to read?"...
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@haejin · (edited)
@frystikken just threatened physical harm and death to me...you find that humorous? Really?
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@luke490 ·
As it stands I see the situation like this ...
.![](https://steemitimages.com/DQmb6QWUGcXQyGUUFqQV7gPX8c4fd5Sg4HSQtbDYGwRBGra/image.png)
I'm not sure I got much to change any outcome... but I can throw it around, if anyone would like?
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@haejin · (edited)
You want to make a joke about @fyrstikken threatening to kill me in front of my family? Really? Has it gone that far in humor for you? How sick are you?
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@sathyasankar ·
Wow..!! I have never seen a powerful reply like this before. Personally I don't use any bid bots for months now and wouldn't be using them in future as well. I believe in organic upvotes to sustain here. But @booster, you have earned huge respect from so many minnows by now! Although I won't use your bidbot for my post promotion, I wish your good desires come true!
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@haejin · (edited)
It's called a threat to physically harm and kill me in front of my family and in writing on the blockchain. This is NOT FUNNY!
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@kibriakk ·
I never delegate to @booster.  I doesnot get rewards from booster. The bit bot @booster gives a  low upvote. so I can not get the upvote which is bid by me. So I suggest everyone please do not bid on @booster. 
👍  
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@haejin · (edited)
please make careful due diligence before delegating to any bidbot. First, survey for any flag wars they might be waging before bidding as it has significant potential of reducing vote payout.
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@kibriakk ·
Thank you sir. Would you suggest me a bid bot please?
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@steemitqa · (edited)
$0.44
**edited:** since you edited your post.
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@zyberzerk ·
Haejin - uninformed idiot with mouth wide open.
@Haejin please take Tone Vays by her pussy and seek the next safe space in kittyland. ![fye_ok2.jpg](https://steemitimages.com/DQmUyn5w7UHTDj7HTt2B7mU7GhsN93zt6PeZaGR4v4qvhCL/fye_ok2.jpg)
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