Tag Archives: $DRG

$DRG Drug Sector Under Assault

On January 1, 2017, we at PricenTime.com advised that the six-year old drug sector has been in correction since August 2015.  The bounces were temporary reaction from the election.  This sector will be under renewed pressure due to the open attack from President Elect Trump.  The underlining causes of the decline have been revealed and that will further propel

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Six-year Old Drug Sector Bull Market in Correction

The drug sector rallied straight from the March 09 low to August 2015.  This is the sector benefited the most from the last four-year cycle.  The leadership has been lost to the present leaders.

It is in correction phase that has more room on the down side.  It only corrected 38% of the 6-year bull market.

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Cycle Forecast

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