BIIB exhibits a bull flag pattern with strong relative strength and positive momentum, indicating a continuing uptrend.

two in healthcare, one biomear which is grouped in uh biotechnology

And three of the stocks we're going to talk about here, Five Below, Schwab, and Biomear are all in that leading quadrant. And what that means again is that they're uh showing strong relative strength, meaning they're generally outperforming their peers, but the momentum is also uh strong in the relative strength uh indicator, right?

So they're so the uh the relative strength is strong and uh trending in the right direction is the way I would think about it.

The next name and really the name after that uh Schwab and then Biomearin are similar in that they're experiencing what I would probably label as a bull flag pattern.

Next chart, Biomear. And I mentioned similar to Charles Schwab, this one I think does look like a pretty clear bull flag pattern. And again, similar to what we talked about on the previous chart, big run higher and then this parallel decline, lower highs, lower lows.

That's a little more parallel, right, between the two. So, in any case, what we're looking for is a trend line connecting the major peaks here. And we want to make sure that we break above that trend line, which are which are arguably just trying to do here in uh in midepptember. very similar to Charles Schwab.

We've pulled back to an ascending 50-day moving average and for now holding that as support, which is good news. The RSI holding pretty steady above 50, which is actually a great sign, right?

When you have a stock that's had a good run and you have that initial pullback, watching for the momentum to remain in the positive half can be a really good sign that, you know, even if we've had some choppiness, even if we're having a bit of a pullback, that the trend is still generally positive.

And as is consistent with all of these first three charts that I'm sharing with you, the relative performance has been strong.