damoonmotamedi

GILD - Wait till it decouples!

NASDAQ:GILD   GILEAD SCIENCES INC
18 0 1
GILD is losing momentum while IBB             is not budging in (Today SPY             was down 1.6% and IBB             was green till middle of the day). The strength in IBB             has been passed on to Russel 2000 as well ( IWM             was down 1%).
When IBB             rolls over, GILD will get harder hit (*I think*).

*** Best time to buy GILD is a down day in IBB             and a green day (or neutral day in GILD).
This day will come (by end of April).
BTW             , look at last year price action of SPY             , IBB             and GILD between Feb/2014 to May/2014.
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