Bullish healthcare


BMY is net higher for the week by +4.1% at $45.62.
The weekly candle is bullish engulfing, with a spike floor from the $42s.
Indeed… the $42s are VERY powerful support, which is partly why I went long on Tuesday, ahead of earnings.


CAH broke a new hist’ high, currently +17.3% in the $189s.
Weekly momentum has turned positive.


ABBV is currently +0.1% at $228.20.
Weekly momentum is weakening, but multi-week structure is a bull flag.
Earnings are due early Friday, and should be good.