GILD trade ideas
Perhaps Gilead sees 75s?Not much VolumeProfile support between 77 all the way to 75. Could be a buy if that yellow trend on Daily Line Chart holds.
GILD LONG declining wedgeGILD long based on declining wedge,
risky... wait for a turn around , ma cross
Check out monthly chartCheck Monthly chart.
GILD is one of the fastest growing company, but had to drop their share price since Hillary want to drop Drug price.
She keep repeating since last year, but it will not really damage drug price. It will actually damage CVS or insurance companies. GILD rebate a lot of money to CVS and insurance companies.
Plus, Chart is very attractive and valuation is very good compare to other companies.
Buy at : 78~83
target price 1: 108
target price 2: 112
target price 3: 120+
Ar you bullish on Gilead?There is no doubt, this is a stable downtrend since 2015 and it's easy to see further lows this year.
But I think the 3point extension is working with no further lows below 77,92$. Either traders are waiting for stepping above 82,93$ or go in risks now.
GILD short term bullishbullish option activity since wednesday on the weekly and september contracts. I'm in weekly call spreads, plans to add more on dips.
$GILD falling wedge on daily$GILD looking ripe. Falling wedge nearing apex.
Looking for a move up to fill gap.
obvious range/descending triangle here.Obvious triangle. price at support, looks like its good for 10%. ill give it a 3.3% stop (closing, or puking) to $78 from my $81.30 purchase last week.
GILD - strong downside pressure could create compelling buy1M:
1W:
GILD continues to be under pressure. Bad news, unknowns, fear, & uncertainties. I'm not a 'value investor' and GILD's situation makes this a complex valuation. With that being said, low $70's would be compelling to me and below $70 very compelling. I hope this stock gets absolutely hammered.
SHORT GILDSe observa el cruce hacia abajo de la medias móvil rápida sobre la lenta que pudiera indicar el inicio de una nueva tendencia bajista y parece confirmarla una vela roja de gran Tamaño
GILD - GILEAD SCIENCES, EXPECTING MORE DOWNSIDEGILD is in the middle of a correction, i'm expecting one more wave down. Possible pullback for shorting opportunities.
TRADE IDEA: GILD AUG 19TH 79/94 SHORT STRANGLEGILD announces earnings on Monday after market close, so look to put this on sometime before the final bell.
Metrics:
Probability of Profit: 74%
Max Profit: $123/contract
Max Loss/Buying Power Effect: Undefined
Break Evens: 77.77/95.23
Notes: This is being done in the off hours, so I'm not getting accurate buying power effect metrics for this setup, and it's likely that the strikes will have to be tweaked slightly and/or the fill price adjusted during open market hours ... . Unsure if I'm going to do this trade myself, as I have some "housekeeping" to do on existing setups, and want to see first what buying power i've got left after I do that ... .
