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Can This Key Level Stop The Bleeding In Health Care Stocks?

Tuesday, November 1, 2016 12:18
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zerohedge.com / Via Dana Lyons’ Tumblr / Nov 1, 2016 11:45 AM

The frightful performance of the health care sector could find imminent relief at a key chart juncture – if temporarily.

If there is one sector chart scary enough to merit a Halloween post, it would have to be health care. As we have been warning for some time, the performance of health care stocks in recent months has been a nightmare for investors. Whether it’s biotechs, pharmaceutical stocks, etc., the entire sector has been a bloody mess. However, at some point, things can become so bad that they can’t get any worse. And based upon a potentially key chart level, health care stocks may be reaching such a point, at least in the near-term.

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The post Can This Key Level Stop The Bleeding In Health Care Stocks? appeared first on Silver For The People.

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