Today's gap on GILD was VERY bearish and quite easy (and fast) to play on the day trade.
IT's such a bearish gap, that IF IT FILLS {especially soon} that would be seen as a strong indication of a bullish bounce off of the 200 SMA <on a weekly>
We've bounced before and GILD could make an inverted head and shoulders. I'm slightly bullish down here, but if gild makes lower lows and the retests / fails the 200 SMA, let's ride. Bear town. #dabears
IT's such a bearish gap, that IF IT FILLS {especially soon} that would be seen as a strong indication of a bullish bounce off of the 200 SMA <on a weekly>
We've bounced before and GILD could make an inverted head and shoulders. I'm slightly bullish down here, but if gild makes lower lows and the retests / fails the 200 SMA, let's ride. Bear town. #dabears
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