Long on GILD - good fundamentals - nice chart
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$.
First target around 85$.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.