Gild so far has been ranging. Could def see a retest of $78 this week.
📍 The effect of Remdesivir... The power to unlock the all time highs via Covid is systematically, within reach rather fast, due to the nature of drug prices which are inelastic. The effect of Gilead being treated as utility is heightened by DT putting the big orders in. Compare the following two diagrams: Phase III trials & Chinese red carpet ...
HHS secures 500,000 doses of remdesivir. The Trump administration has secured 500,000 doses of remdesivir, the first drug shown to be effective at treating hospitalized coronavirus patients, ensuring these doses will be for U.S. use. This could mean huge profits for GILD. Indicators are starting to turn up, Bullish. Daily Chart is turning Bullish. I think if...
Gilead broke out with volume today and given the amount of media exposure, I think that GILD will be one of the companies that endure this particular bear market.
GILD shares continue to trace out a complex and volatile range as the company's role in the COVID-19 treatment narrative develops. A break under $72 from here would be potentially significant.
Technical Analysis: HOLD BEFORE GOING LONG -Wait that the resistance level will be broken before buying. Fundamental Information: Gilead Was Approached by AstraZeneca About Potential Merger
our long is in the red - but not by much - so continue to hold. updated with key S/R levels and a possible price projection if the bulls can clear the $75.40 level - preferably before close of market today to show strength let's keep watching this!
NASDAQ:GILD My custom indicators have signaled multiple times on the daily and hourly charts. Our target price is 80.80+ My calls are already in the green and I'm ready. I should have shorted it after it signaled "short" in the meantime. Bars below turned from red to green which is a positive trend indicator
GILD broke out of a multiyear downtrend in February. Volume after breakout increased a lot. Now we experienced some type of consolidation/correction after the breakout. I think this is a good moment to buy GILD and hold it for a longer period. Key figures like P/E, P/B and P/S look good. First target around 85$.
It is trading below RSI 50 and 50SMA which put the stock in bearish. After fast dropped down, it may pull back to $75. However, if there will be no any good news will support the stock most likely it will continue descending. If you like my charts useful, please leave me "like" thx
I bought the $77 Call 5/29 at $1.05
I've been actively trading the recent VBIV bull run, and I still expect the bull run to continue from now until year's end. However, the stock is up over 100% in a very short time, and this may be the correction to this rapid movement. I'm not actively trading this idea yet, but I will update the idea if I decide to short. Remember folks, just ideas!
I think, that GILD will be falling after micro-pump (watch RSI)
Hello! Friends, - We see a nice breakout on hourly chart. - If NASDAQ:GILD breaks the support line at 77.38, so you can short it.