jmboyer1
Short

GILD H&S Forming?

NASDAQ:GILD   GILEAD SCIENCES INC
131 2 0
Just a hunch, but here's my .02 on GILD, one of the highest-flying Biotechs. Could be setting up for a massive H&S. Shows where left shoulder already formed, working on the head and my guesstimate ref. the right shoulder.
At a minimum, is a great short candidate and a great low risk/high reward scenario b/c you can short it now and set stop at top of forming head ...110.64 +.01=110.65 for stop.
TGT             would be around 22ish, so that's a pretty good drop if it came to pass.

TBD and will be fun to watch!
suryajapan
2 years ago
That would be a P/E of 2 for 2015!
Reply
Rocketman PRO
2 years ago
What are your thoughts on GILD today? What do you think of mine?
snapshot
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