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algoview
Feb 27, 2014 2:54 PM

Can't ignore this triangle... Long

Gilead Sciences, Inc.NASDAQ

Description

Not easy to enter Long after a 13 months rally, but when the conditions are here, you have to.
SuperTrend is up, MACDBB is up, and interesting price action for the last few days.
Good R/R ratio, with a potential entry few cents above yesterday's high @ 84.52, stop at yesterday's low @ 83.28.
The target is more tricky to find, I'll use the SuperTrend as a trailing stop.
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