GILD — A 10-Year Base Breaks: The 2015 Ceiling Is Now the FloorNASDAQ:GILD Gilead spent almost a decade going nowhere. The June 2015 peak near 123 capped every rally attempt for nine straight years, while price ground sideways between the mid-50s and the low-90s. On a monthly chart that is not a range — that is a base, and one of the longest and cleanest ones on the large-cap biotech board.
That base is now resolved. Price has cleared the 2015 high, backfilled into it, and is holding above it. The old ceiling has flipped into the floor, which is exactly t
Long
