Elliott Wave View: Gilead Sciences Bullish Cycle Heating UpGilead Sciences ($GILD) is starting to show signs that it may be in the beginning stages of new bullish cycle from an elliot wave perspective. The Long term chart shows a completed bullish sequence in 5 waves for Blue (I) which topped on June 22/2015 at 123.37. From there a corrective sequence took place for Blue (II) which bottomed on Dec 26/2018 at 60.32. From there a new bullish cycle may be starting with an equal legs area of 183.78 to 260.01 for Blue ( III ). On a 4h view, after setting a wave ((1)) top on Feb 1/2019 at 70.50 a lengthy wave ((2)) took place in the form of a double zig zag correction. Wave ((2)) bottomed on Oct 3/19 at 60.89 and from there some nesting has started. Blue wave (1) is set on Oct 24/19 at 66.75 and Blue (2) with an expanded flat correction is set on Jan 21/20 at 62.23. From there another 5 waves up has been set, for a nesting red 1-2 taking place. Price action suggests a wave 3 break out is imminent. The Corona Virus (COVID-19) has brought a lot of attention to Gilead recently but the Elliott Wave analysis suggests that Gilead Sciences had a bullish setup before the virus surfaced. The momentum from the virus may be but one small element that helps push Gild to new all time highs, and eventually the 183.78 to 260.01 area for Blue ( III ).by EWFRobbUpdated 5
Gilead: Dynastic family wealth if you happen to surviveOne trade for dynastic family wealth if you happen to survive the coronavirus epidemic. I'm already in from $73, but entry isn't too important given the degenerate long target. Long with stop at the previous consolidation of $65, target $230.Longby wantonwalletUpdated 5
Gilead Science Trade setup $gild Alert set for break above $81.00 Target price $85.00 to Fibonacci expansion channel. PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR CONTENT, THANK YOU.Longby Bullishcharts45
Gilead undervalued stockPlease click like if you enjoy my analysis and don't hesitate to write your comment.Longby RocketModeUpdated 2218
Gilead WeeklyDown to 60 / 47 up to 170 In the future. Deepest pullback to 25 zone. Don't see it happening. This will be the first bounce off the red ribbon. Usually it is always quite strong once we touch it. Good buy zones : $42 - 50 Good sell zone: $150 - 170 by AschraM6
LONGcomparing the trend derivatives I see a 67% chance of rising until tmr an hour before close when it will reverse again. I also have a 33% chance of the stock falling until an hour before close tomorrow. factoring in news on corona virus this may have an even higher chance of rising by BenKok2
The cure for COVID -19 Virus is here !Maybe, like me , you had missed this stock's recent 20 over percent jump in share price? Fret not, another opportunity is here! You may be buying at a slightly higher price but looking at the chart and the current situation, this stock still has some way to go up. First thing first, if tonight, it does heads up, it might close the gap between 71-72 dollars. So , that is like a 3 dollar profits already. If that happens, then we can expect it to go even higher towards 80 and beyond. Longby dchua1969Updated 449
GILD longvery high upside with slight possibility of a corona virus medication. although without the virus or not it looks good in the long term to me Longby BenKok2
$GILD - August Calls MuthankyLog chart. high volume breakout, but it just so happens we did a retest of the breakout now (even if it is an ugly candle). Sentiment surrounding this company has some pretty serious pop-potential. August $80 calls seems like a decent bet. Longby TMoneyBidness2
GILDwe need moar respiratory masks! Corona is taken over the market. First target 88$Longby Leonardo_FibonacciUpdated 5
I pened this trade yesterday and going well on Breakeven nowI opened this lot yesterday and going well on Breakeven now. closed half and wait for retracement Longby sachin5553
Gilead Science target level $gildHavin broke out from a long term downtrend as previously posted, they stock is now just at the beginning of a very bullish move to the upside. Afterhours today the announce that 2 phase 3 studies had begun for a antiviral coronavirus drug . Longby RedHotStocks23
Pharma is better than goldI think in the current market, pharma stocks like GILD will rise by the end of the year. Longby Fomenka3
$GILD Finally Breaks Out After A Long Period Of Consolidation$GILD has been stuck in the $63 to $70 range for over a year. After yesterday's significant breakout, look for $GILD to keep climbing. Contributing to yesterday's breakout was the news that a World Health Organization official comments that the company's experimental drug may be the best candidate to treat the new coronavirus that's spreading globally. Gilead's remdesivir is the “one drug right now that we think may have efficacy,” Bruce Aylward, an assistant director-general at the World Health Organization, said at a briefing in Beijing. The compound has been advanced to clinical trial in China. WHO said results may be available within weeks. $GILD looks to be a smart play in the current environment. As always, trade with caution and use protective stops. Good luck to all!Longby InsiderFinancial21
GILDSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets. * Click Like and Follow to Support My Work! --- Hi Traders, I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets. This post is my sharing of how I think about systematic trading and the signals generated by the System T. (This is my opinion only, NOT the financial advice.) The System T is a comprehensive system which contains many components such as buy & sell signal generator, win & loss statistics, risk control & portfolio management to make sure trading is successful in the long run. Basically, for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart. Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement. (*) Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily. System T performances above will give you an idea of how it performs in the last 20 years. Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals". Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/ Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade. Thank you and good luck! --- DISCLAIMER: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only. Do your own due diligence, and take 100% responsibility for your financial decisions. Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading. - Content is for education purposes only, not investment advice. - Trading involves a high degree of risk. - We’re not investment or trading advisers. - Nothing we say is a recommendation to buy or sell anything. - There are no guarantees or certainties in trading. - Many traders lose money. Don’t trade with money you can’t afford to lose.Longby System_TUpdated 6