GILD08-JUNE-2020
GILD Short
1. Hit the top of the range box and retraced
2. Retested the trend line from below
GILD trade ideas
GILD Long, Using EMA(144) as support Using Script: Buy in long term uptrend (Weekly and Daily)
Weekly uptrend, Side way consolidation above EMA(144)
Price pulled back to the buy signal area where crossed EMA144 on 3/16/2020;
Entry: 74
Stop: 70; when Below EMA144
Target: 90; risk/reward=1:4
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I'm loving GILD here. Signals on the daily/hrly chartsNASDAQ:GILD
My custom indicators have signaled multiple times on the daily and hourly charts. Our target price is 80.80+
My calls are already in the green and I'm ready. I should have shorted it after it signaled "short" in the meantime.
Bars below turned from red to green which is a positive trend indicator
Long on GILD - good fundamentals - nice chartGILD 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$.
GILEAD SCIENCES $GILDIt is trading below RSI 50 and 50SMA which put the stock in bearish. After fast dropped down, it may pull back to $75. However, if there will be no any good news will support the stock most likely it will continue descending.
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