Two Old Men Of Healthcare Look Higher

It’s been a great biotech world for a while now and names like $CELG, $GILD and $REGN have been stealing the front page headlines, but a couple of the old men of biotech/healthcare are shaping up nicely.

$BMY is flagging bullishly after its Oct 31 breakout.  The stock tried to make new highs on Friday but failed.  I like it over Fridays high for a move into the mid 60’s.

bmy

$MRK has become the $GM of biotech, but I like the setup.  Like it over the 60 level for mid upper 60’s.

mrk

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