As you can see from the graph, The Health Care sector has been lagging in comparison to the S&P500.
It's not only oversold on the multiyear range it's been trending at. But also on the RSI.
This position is highly correlated to GILD (posted a couple of days ago) and may be just a tool used by me as Confirmation Bias to keep on hanging :)
It's not only oversold on the multiyear range it's been trending at. But also on the RSI.
This position is highly correlated to GILD (posted a couple of days ago) and may be just a tool used by me as Confirmation Bias to keep on hanging :)