GILD trade ideas
GILD Long Due to Rebound, Cheap Prince, Indicators in LineI consider GILD to be a great investment because of various factors:
Talking fundamentaly, the company has great numbers and a lot of room to expand.
It's free cash flow is stunning and the company is way to big to be bought.
Technicaly:
As you can see, the MACD, RSI and Stochastic are in line, and ready to go up up up.
P/E is at a beautiful 6.95.
As you can see in the weekly chart, it's just about to go up.
I found a good entry point anywhere between 72 and 73 dolars a share due to support levels.
GO BIG OR GO HOME.
GILD - SELL OPPORTUNITYGILD IS IN DOWNTREND IN DAILY.
SELL ENTRY @ $75.00
STOP LOSS @ $81.00
TARGET @ $60.15
STOP LOSS = $6.15
TAKE PROFIT = $15.00
LEAVE ME A MESSAGE IF YOU HAVE ANY QUESTIONS REGARDING THE TRADE!!
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HAPPY TRADING!!!
GILD LONG5 wave up
double zigzag down
stopped at .78% retrace.
buy 72 stop below low of 71... LOW RISK possible target 77
risk 1 to make 6
whats not to like here....
if you like this analysis please comment or hit like
GILD long at 73the last leg up looks like 5 waves off a double bottom
this last move down looks corrective
i think the 73 price and 61.8% is a good place to take a long
what you all think, FF
if you find this good info let me know, FF
$70 holds for now...(GILD)The 70 level is holding for now...
Will need to brush up on the fundamentals, I like the R/R from these levels. If you have any insights, please leave in comments section below.
Thanks
$GILD weekly falling wedgeIgnoring the failed breakout attempt from April 2016, this chart looks like a falling wedge. As long as it stays above $68.50 - $69 mark it is constructive.
BUY Gilead Sciences on a close above 72.50A close above the low from October this year and the psychological number of 72.50 could trigger more bulls to support this heavily undervalued stock (P/E ratio <7). The Short term TARGET will be the 79 levels where a well respected long-term s/r level might stop the momentum for a while. Next target is the 85-86 area where some (already closed) gaps, historic lows and a trendline come into play. Place your STOPS near 72, right below the 50% retracement of the major uptrend's last wave (see image below).
Multiple +ive patterns1 trend retest
2 trend-based fibo. bounce zone
3 possible three bottoms (Super Pattern)
GILD RESISTANCE ZONE ACCUMULATION PHASE / WAVE 2 MOVEAt a resistance zone, waiting for accumulation or a bullish candle into Wave 3 move to BUY. If breakdown resistance 71.33 will continue the move to the lower resistance zone 68.00.
Gild Tight RangeGetting close to a decision needing to be made either up or down. Certainly looking good for a run upward.
P&F DOUBLE BOTTOM BREAKOUT on #GILDThe stock has broken previous support levels and should trade lower over the near term. GILD's chart formation indicates the stock is in a strong downward trend. Momentum, as measured by the 9-day RSI, is negative.
GILD: 2nd try at the long side hereGILD looks poised for a rally back to the earnings level above. Valuation is very good here, with 14% earnings yield, among other details of the company's financials.
You can go long, the risk is risk a 3.86 per share, but profit can reach 2.61 times the risk, or more if it's the start of a trend reversal in the stock.
IBB has flashed a bottom, after a 'Time at mode' decline in the daily chart ran out of time, so I think it's safe to assume that GILD will rally from here onwards.
Good luck!
Ivan Labrie.
