AntoninoRomano37

GILD & RSI DIVERGENCE

Long
NASDAQ:GILD   Gilead Sciences, Inc.
2
GILD has shown weakness recently. However on the weekly chart we can see a bullish RSI divergence developing with the price making a double / triple bottom formation. If the price can maintain above the $81.8 support line it may rebound in the next weeks. GILD is in my radar.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.