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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	3/22/2006 7:15:09 PM
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DRUG STOCKS MAY BE JUST THE MEDICINE THAT YOU NEED stockcharts.com[g,a]wacayyay[d19900322,20060322][pc65!b200!f][vc60][iub14!ub14!la12,26,9][J72511520,Y]&listNum=31 DRUG SECTOR to me looks very good at this time. Every bull market and new up trend has several things in common and the first one is that there is a trend break or a breakout, then the 50dma crosses the 200dma and is above, then there is a test of one of the moving averages as support and then off it goes up. All the criteria is now in place on this chart.

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