2waytrading

$GILD Cleared Psychological Pivot Point (Will it last)

NASDAQ:GILD   GILEAD SCIENCES INC
186 1 1
"Seeing is believing" it does not need a lot of explanation. Its true that price finally closed above PPP             level, and seems to print the projected price of C/handle. If market eventually corrects as expected, this is one of the stocks many bears will try to hit hard as it outperformed the market in general. We don't recommend a long term short entry but expect a pull back towards 90-95 which will present another opportunity to re-enter this stock . Stay safe and tuned for more to come. If you like it follow us.
Rocketman PRO
2 years ago
Hello fellow trader! What are your thoughts on GILD now? It has been consolidating for a while now. I made think analysis on it. What do you think?
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