Setups in Health Care

VTV (large-cap US Value ETF) and Financials have made breakouts recently.

After financials, the second-largest sector allocation in VTV is health care. Looking at charts of all the big names in the popular XLV ETF, there’s a lot to be bullish about.

Let’s walk through 10 charts in this space.

Leaders (older breakouts)

One of the strongest stocks this year has been MRNA, which is up over 3x this year.

PFE Monthly. This broke out last month from a 3-year base and is showing amazing strength.

DHR & LLY Weekly. Both broke out months ago and have been running strong.

Recent breakouts

JNJ, ABBV & TMO Weekly. These are more recent breakouts:

New setups to watch

ABT & UNH, Weekly. Setting up. UNH is the second-largest health care stock.

MRK Monthly. 2-year base setup within an uptrend.

Thanks for reading.


Important DisclaimerThis blog is for educational purposes only. I am not a financial advisor and nothing I post is investment advice. The securities I discuss are considered highly risky so do your own due diligence.