Reason#1: Successfully Passed the, weekly, 50% swing low test in Dec 22, 2014, but no new high yet.
Reason#2: On the BACKSIDE of the WEEKLY downward sloping after breaking out of it on a .
Reason#3: Smaller Fib on converges with strong and weekly horizontal support AND backside of weekly .
Reason#4: smaller daily"potential" at the same place.
Reason#5 Horizontal support (Purple line) and everything converge in one place.
Reason#6: WEEKLY FLAG! Price has been in a weekly since September 2014
Oh, and the fundamentals reasons on GILD are still great. Tell me your thoughts from a technical and/or chartist's perspective. Here is a daily view of the chart zoomed in: