I don't know what's the deal with GILD and it's driving me crazy - the price keeps teasing my breakeven :) -- only to bounce back down - i was finally getting optimistic, thinking the curse have been lifted.. (see linked post) - not so sure now - the sentiment went back into negative territory, so did the short term momentum (check the UTO indicator) - Buy/Sell is...
GILD - The Sleeping Giant - Trend Reversal ___________________ ENTRY = 56.56 Double Bottom - +64 confirmation 1st Target = .236fib@72.33 2nd Target = .382fib@82.08 3rd Target = .5fib@89.97 HOLD Target = .618@97.85+ JAN22 Call Leaps Still...
$GILD is looking bullish going into 2021 We need a breakout of this downtrend channel for the impulsive waves to be valid, look for a break at the red trendline as well as a retest as support in wave 4
I dislike Pharma as much as I dislike manipulation but GILD bounced off .618 fib and I like it. Seems like a $65-70 stock trading at a discount. Solid 4.8% DIV yield in addition. Dont forget these folks also have anti Rona stuff so it could all come together.
I dislike trading pharma BUT I like GILD
I like this chart a lot actually. if we bounce off this crossroad, we will reach the moon eventually. Adding a little to my long position. Have a terrific weekend!
GILD seems to be finally attempting to make a serious up move and breaking back into the $60's we've been holding this long position for a while, and was about to declare it a loser and close on a loss (which i totally hate!!), given the many signs of weakness GILD showed (yellow arrows), even when there was reasons to show strength (Remdesivir used on POTUS,...
NASDAQ:GILD Possible Scenario: SHORT Evidence: Advance Block with low volume for each candle Exit: After 5 bars This is my opinion and could be wrong 100%
Is it just me or does it look like GILD is trying to find a tradeable low here? It's been performing like shit but I'm going to keep an eye on it. At some point it might want to mean revert to the 200MA.
Reuters Adage Capital Partners GP LLC Dissolves Share Stake In Moderna, Takes In Gilead Sciences! Reuters: Germany requests 5% of EU supply of remdesivir Germany has requested around 5% of the supply of remdesivir under a six-month European Union supply deal, its health ministry said on Monday, despite criticism of the deal due to a lack of evidence about the...
We maybe have finished movement inside this monthly downward channel, which looks like a corrective channel for previous bullish impulse. Chances are we will go north from here. But if price will brake this channel downwards it may as well become ugly, and there is no support levels, I guess? Anyway, now GILD highly tightened to SNP and thus electional uncertainty.