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Yesterday, the Market Vectors Pharmaceuticals ETF (PPH) reversed sharply off of its 20-day EMA and is now poised to break out of its recent trading range. A volume propelled move above the February 21st high of $37.20 could provide a buy entry trigger for this ETF. We are placing PPH back on the watchlist. Trade details are provided to our members in the watchlist segment of the newsletter.

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