GILD update: need to clear the $75.40 level

our long is in the red - but not by much - so continue to hold.
updated with key S/R levels and a possible price projection if the bulls can clear the $75.40 level - preferably before close of market today to show strength

let's keep watching this!

Trade active:

just looking back, the idea entry would have been on the green vertical line - where the long sentiment starts to break the significant level and we get some demand coming in - and on the price chart, we clear the lows

just learning as we go

Comment:

"failure to launch" hit GILD along with some negative news -- guess we'll have to hold until this down wave is over - good thing is, we still show green on the long term sentiment so we should get a next wave up shortly