Eight Pharma Stocks & Positive Divergence

Pharma Sector as been in a downtrend since 2015. Since few weeks a bunch of pharma stocks made double bottom with positive Divergence on MACD. Is it the reversal of Pharma? or just the regular correction.

AUROPHARMA --->
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LUPIN-->
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SUNPHARMA-->
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GLENMARK-->
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DR_REDDY-->
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WOCKPHARMA--> Testing lifetime trendline
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DIVISLAB--> Testing Median
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CIPLA--> BOuncing off the lifetime trendline
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AUROPHARMATechnical IndicatorsTrend Lines

Penafian