DRG - Pharmaceuticals Finding Relative Strength

Long

NYSE ARCA PHARMACEUTICAL INDEX (NYSE:DRG)

NYSE:DRG NYSE ARCA PHARMACEUTICAL INDEX

rectangle indicator trendanalysis drg pharmaceuticals pharma bullish breakout

DRG broke out of a consolidation period during yesterday's trading & continued its bullish momentum today. The industry is also beginning to find relative strength against the SPX. This could be an industry worth looking around in to find some stocks to provide alpha if it continues to strengthen.

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