Weekly cup and handle breakout confirmedNasdaq Healtcare is pullback from the neck line pattern, let see if the pattern will fail to rise 5% or 945, fail if price trowback below the handle.
IXHC
Nasdaq Healthcare: Trend is defined If you like this idea, don't forget to hit the Like Button!
After the rally that started at the beginning of October, the Nasdaq Healthcare Index trend is still defined, and it is approaching a new phase after a short term retracement.
Values above the Ichimoku Green Cloud confirm bullish power. Next days' trading sessions will be useful to understand if IXHC will maintain the support at 911.60 and continue its long term positive trend.
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
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