05th March 2022 Gilead 56 final support. worth to take risk price between 56-60 TP64 & 68 Nimble safe
50sma has been an important moving average for this ETF. We see 3 consecutive tests of the 50sma as resistance and a bounce lower. As we see lower highs and lower lows, the bearish trend is confirmed. I expect we fail again and test the blue line ($144.5).
Market down for chat pattern bear pattern on 15min candle chart I think market goes down for 3 to 6 point this is my only opinion and yours
I don't know what's the deal with GILD and it's driving me crazy - the price keeps teasing my breakeven :) -- only to bounce back down - i was finally getting optimistic, thinking the curse have been lifted.. (see linked post) - not so sure now - the sentiment went back into negative territory, so did the short term momentum (check the UTO indicator) - Buy/Sell is...
$GILD is looking bullish going into 2021 We need a breakout of this downtrend channel for the impulsive waves to be valid, look for a break at the red trendline as well as a retest as support in wave 4
GILD - The Sleeping Giant - Trend Reversal ___________________ ENTRY = 56.56 Double Bottom - +64 confirmation 1st Target = .236fib@72.33 2nd Target = .382fib@82.08 3rd Target = .5fib@89.97 HOLD Target = .618@97.85+ JAN22 Call Leaps Still...
I dislike Pharma as much as I dislike manipulation but GILD bounced off .618 fib and I like it. Seems like a $65-70 stock trading at a discount. Solid 4.8% DIV yield in addition. Dont forget these folks also have anti Rona stuff so it could all come together.
I dislike trading pharma BUT I like GILD
I like this chart a lot actually. if we bounce off this crossroad, we will reach the moon eventually. Adding a little to my long position. Have a terrific weekend!
I think this is likely an opportunity like the one offered by $MU in 2016 when I last published a long term chart about it. We may have a huge long term bottom at hand here. I'm already in this position, but it's viable to start accumulating shares here, as this will be a lengthy long term advance if I'm correctly diagnosing it, downside risk is minimal. Valuation...
GILD seems to be finally attempting to make a serious up move and breaking back into the $60's we've been holding this long position for a while, and was about to declare it a loser and close on a loss (which i totally hate!!), given the many signs of weakness GILD showed (yellow arrows), even when there was reasons to show strength (Remdesivir used on POTUS,...
NASDAQ:GILD Possible Scenario: SHORT Evidence: Advance Block with low volume for each candle Exit: After 5 bars This is my opinion and could be wrong 100%
Is it just me or does it look like GILD is trying to find a tradeable low here? It's been performing like shit but I'm going to keep an eye on it. At some point it might want to mean revert to the 200MA.