Rocketman
Long

GILD Update....Good Investment or Good Company...

NASDAQ:GILD   GILEAD SCIENCES INC
114 0 2
Interestingly, GILD is both a good investment, a good trade and a good company, and not just a good company.
Given the really tiny divergence in my indicators ( RSI ), a break above the red line is looking possible. Try an RSI (14)..same thing.

A TINY Divergence in PVT indicator and volume clues:
Weak selling interest expressed in volume and price pattern today. A little messy because of the gap in Feb, 3 2015;
hence, the tiny divergence, which would have been bigger.

Oh, and last month an insider of this stock Director Olsen Per Wold, bought 10,000 shares of GILD, at $99.92 each per share. A total investment of $999,150.

It looks promising. I like today's candle. I purchased GILD shares already, and I am debating on whether to add more on Monday or buy the TQQQ             index just in case this trade, and hopefully, semi-investment, doesn't work. Maybe it will help the biotech industry have an incentive to continue its trend; it has been in a range for some time (that things are still looking good).
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