Pharma Stocks (DRG) Break Higher Today

Pharma Stocks (DRG) Break Higher Today

Please see my blog entry from Monday April 18 here http://steadytrader.wpengine.com/are-pharmaceutical-stocks-about-to-rally-big/ Today the AMEX Pharmaceutical Index (DRG) is breaking out and higher above the $320 discussed on Monday.  Individual names like...
Are Pharmaceutical Stocks About To Rally Big?

Are Pharmaceutical Stocks About To Rally Big?

check out the chart on DRG (AMEX Pharma Index) and note the big multiyear resistance area at $320.  You can also pull up a chart on Pfizer (PFE) for example and note a similarly juicy long setup. In the daily newsletters I am discussing entry points and how to...