After being one of the best movers in the 2003-2007 bull market, the capital goods sector went sideways for more than a decade from 2008 onwards and finally gave a breakout from this large channel it created technically in early 2022 and has since then been very strong and one of the best sectors. Now the sector coming out from a 10-12 year sideways move. It will be one of the best sectors with strong upward momentum for the next few years.
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