Pharma stocks are showing strength. Charts predict this name could break out next

Pharmaceutical stocks have recently separated themselves from the broader market, and the group has become an increasingly important source of leadership within healthcare. Eli Lilly is the bellwether in the space and has already broken out to all-time highs, and that strength is showing up in sector-level proxies like the iShares U.S. Pharmaceuticals ETF (IHE) . …