Vertex Pharmaceuticals Inc (VRTX)

[TREND1]

REGENERON, VERTEX, AND AMGEN ARE BIOTECH LEADERS ... It's usually a good sign for any group when several of its largest stocks are doing better. And that's the case here. Three of the largest holdings in the Biotech iShares also happen to be some of its biggest holdings. Chart 2 shows Regeneron Pharmaceuticals (which happens to be its biggest holding) moving up toward its November high, and well above moving average lines. Its relative strength ratio (top of chart) is near a new high. Chart 3 shows Vertex (sixth biggest holding) hitting a new two-month high. Its relative strength ratio is doing the same. Chart 4 shows Amgen (second biggest holding) moving back above its 200-day average. Its relative strength line is rising as well.