Technical Analysis of STOCKS & COMMODITIES
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ARTICLE SYNOPSIS...The long-term wedge formations that have developed in the pharmaceutical indices may very well be nearing an end. Look for a breakout to predict future moves.
ARTICLE SYNOPSIS...The diamond at the bottom of the decline in the S&P Pharmaceuticals Index could mean reversal. But further declines are more likely.
ARTICLE SYNOPSIS...Gilead's (GILD) Remdesivir appears to have been shown to be somewhat effective in the treatment of patients severely affected by Covid-19, which is the disease caused by the coronavirus. This news has had an effect on the share price of the company.