GILD trade ideas
GILD - Cup and handle... Get ready for a shot at over $100 per share as people look for safe haven as the market Corrects. SQQQ also a good option for the braves!
GILD - Selling Naked Puts$78 Feb 9th Puts executed at $2.10
L.T. bullish bias. GILD at support level. Time premium very high especially considering only 4 days till expiration. If price is ITM and shares are exercised, my buy price is $75.90. I can sell calls at that time &/or do a swing trade.
D: -.4623
G: .1295
T: -.1534
IV%: 65% (versus 37.8%)
W:
Waiting for retest to buy & hodlSupply and Demand, Support and Resistance, Price Action, Price Pattern, Elliott Wave.
Giled Change of CharacterPrice broke from long downtrend and shaping up to move higher
Stop Loss : 71.50
Immediate target is 82-86. Once that's taken out expect this to reach >100 by 2018
fib retrace shortBased on the fibonacci retracement conducted at several points in time, I predict the stock will decrease
Price target: 76.5
Stop loss: 75.75
Still learning
GILD - Naked PutsI like the looks of GILD. I'm selling puts to collect premium and maybe enter long position if the option is exercised.
1M:
1W:
So many bearish set ups developingWatching for H&S breakdown to confirm. Targets given in VIP room. Join us and get many great stock and option picks. @classicoptions
GILD on watchIf GILD moves sideways and doesn't make an up move soon, it will probably fall more for a good short like the previous highlighted area. If it does move up, then a good rebound is on its way.
GILD double bottom with buy divergenceDouble bottom with stochastic divergence. Looking for a move up in price before entry at 72.75. Stop is set to 71.75. Looking for a target of 75.00 - 78.00
Mid Divergence Triangle BreakoutGilead is moving nearing the breakout point of a triangle with stochastic divergence in the middle of the oscillator. Strong signal usually leads to big breakouts. Be patient, let it start moving up before getting in.
Buy: 84.00
Stop: 82.75
Target: 86.27 - 90.00 (2.46% - 6.89%)
GILD is oversold on the dailyAnd ready for upward movement for those that missed the train on the upswing.. .We have retraced back down by 61.8%... We are back to pivot point 4 on the Elliott wave.
GILD Bullish Short Term SetupAfter being rejected by LT moving averages GILD is retesting past low and 200ma daily / 50ma weekly. Biotech sector going in the same direction gaining strength.
Gilead Sciences offering a beautiful long setupTraders, i wanted to share this setup with you that i am trading.
I have had this stock for a while on my watchlist, and was waiting for a correction to buy the dip.
I like to buy low (cheap) in strong stocks showing upside potential.
I particularly was watching the 72$ level (200DMA, 61% fibo this is a big level. The bulls seem to have made a bottom now on this level, and finished the week with a bullish engulfing pattern, engulfing the previous 3 days.
For me this is a sign of higher prices coming in the coming days and maybe weeks.
I am targeting 80$ but keep also an eye on the 76.50$ level. If you like to wait for a small dip into 73.00$ you would get an astonishing R:R of 8:1.
Placing my stop below the the engulfing bar and will manage the trade accordingly.
Hope you like this setup :)
Thanks for reading, and blessings to you all.
GILD Pullback and bounce off previous resistance turned supportGILD Pullback and bounce off previous resistance turned support. Entry 72.80, Stop 71.48, Target 79.87
