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iggyyggi86

Long on GILD - good fundamentals - nice chart

Long
Gilead Sciences, Inc. (NASDAQ:GILD)  
iggyyggi86  
NASDAQ:GILD   Gilead Sciences, Inc.
Trend Analysis Chart Patterns GILD LONG
4
0
trendanalysis chartpattern gild long
GILD broke out of a multiyear downtrend in February. Volume after breakout increased a lot. Now we experienced some type of consolidation/correction after the breakout. I think this is a good moment to buy GILD and hold it for a longer period. Key figures like P/E, P/B and P/S look good.
First target around 85$.
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