IvanLabrie
Long

GILD: 2nd try at the long side here

NASDAQ:GILD   GILEAD SCIENCES INC
2 months ago
GILD looks poised for a rally back to the earnings level above. Valuation is very good here, with 14% earnings yield, among other details of the company's financials.
You can go long, the risk is risk a 3.86 per share, but profit can reach 2.61 times the risk, or more if it's the start of a trend reversal in the stock .
IBB             has flashed a bottom, after a 'Time at mode' decline in the daily chart ran out of time, so I think it's safe to assume that GILD will rally from here onwards.

Good luck!

Ivan Labrie.
2 months ago
Comment: Risk 0.5%
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
vaicru PRO
2 months ago
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IvanLabrie TOP vaicru
2 months ago
Risk 0.5%
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