PJP Pharmaceuticals at Support

Invesco Pharmaceuticals ETF (AMEX:PJP)

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AMEX:PJP Invesco Pharmaceuticals ETF

I was trying to figure out why SUPN tanked after solid earnings, looks like the market tanked the whole sector. Sucks when a moeny making company gets grouped in with a bunch of speculative biotech firms, but it is what it is.

Looks to be either an inverted head and shoulder or an upright one. EIither way we should see a bounce here.

Komen:

This could very well be an upright head and shoulder. I like SUPN as a company with profits and growth but this sector chart bothers me so I dumped it on open.

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