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Healthcare is still in a bull market - be long

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SPDR Select Sector Fund - Health Care (AMEX:XLV)  
GTStockmaster  
AMEX:XLV   SPDR Select Sector Fund - Health Care
Trend Analysis Chart Patterns Technical Indicators healthcare XLV pharmaceuticals IHI healthcarestocks healthsector
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trendanalysis chartpattern indicator healthcare xlv pharmaceuticals ihi healthcarestocks healthsector
At the start of 2022, healthcare stocks have gotten killed, especially anything that was a winner in the past 1-2 years. A lot of people are getting rather bearish, but they shouldn't be. The fundamentals favor healthcare still in many ways, and momentum is still rather strong. We already got the breakout in healthcare stocks, and we just got the retest, which was enough to scare a lot of people out. Now is a great entry for a long position, coming out of a short consolidation into a potential new bull phase.
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