Reallifetrading
Short

GILD pre-earnings analysis

NASDAQ:GILD   GILEAD SCIENCES INC
Appears GILD could be a giant head and shoulders pattern. Earnings is approaching. I don't want GILD to break above $94.49 if the H&S pattern is going to play out perfectly. COULD technically retest into the 100 SMA on the weekly. If GILD opens in the purple zones, I'll bullish to neutral. If it opens in the red zone (especially with a gap down) I'm bearish .

Coming into this week, we've had 5 bearish weeks {per the candles} therefore, wait for a retest to swing bearish .
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