Downward Continuation..Took a small position and looking to add if it gives way to continued downward pressure. Looking for another ride down the lower side of the band.Shortby Venor_Updated 2
Can Gilead Beat the Markets?As of March 3rd, Gilead earned a 'buy' rating from Citigroup as verified by the link. It is true that GILD should have performed better after earnings as has been historically demonstrated, but it took a beating with the overall index but failed to share in the rebound. Personally, I think this is a good thing, for you'll note from my previous post here previous post that this is nothing but a massive short covering rally, just like we are seeing with oil The good news is that we seem to see see a nice breakout to the upside from the consolidation in terms of a bull triangle. We are not out of the woods yet, as we face resistance from the ichimoku cloud overhead and a neighboring fibonacci level at about $90.30. In fact, the level mentioned above would make a great stop buy order to enter the trade, and clearly that strong level of support at $87.22 would serve as a good stop loss. The subsequent levels after $90.30 make perfect profit targets.Longby quantguy0
GILD moving toward weekly trendline / 50 day rejectionThis uptrend will continue until 50 MA, / orange downtrend line. I can't turn bullish on this until it consolidates above 95, and to the right of the orange trend line.by reversalradar2
GILD SHORTH & S keep eyes on resistant 86 and 91.5 TP1, 63.5 TP2, 58 TP 3, 46.7Shortby robertxxpow080
More Pain for Gild?H&S on Monthly. Broke under neckline of $86 on 385% vol. Red long body. Indicators are Bearish.Shortby WSAnalyst0
$GILD BUY TIME.Industry leader, new management, sitting fatly on weekly support, lowest stochastics in months. BUY.Longby marsstull2
Broke downBroke down from symmetrical triangle. This is unfortunate. Keep a tight stop longsby WSAnalyst0
GILD - long entry at ~97Renko chart makes identification of key support/resistance easier. Moreover one easily sees that they tightly fit with Fibo levels. We are currently in a downtrend towards the main year support which was tested in spring and in fall. An investor may be interested to enter at the 97 area, this would be a fair price for a stock whose average target price is 128.3 (tipranks.com) and rated as "strong buy". I don't own this stock currently, I'm long CELG but I consider buying GILD someday.Longby albert.callisto660
Gilead ready for Lift-Off Target1: 123.27 Target2: 140 Stop: 93Consistent outperformer with always an Ace up its sleeve. Expect at least a 30% increase in value in 2016. You will never see this stock at these prices ever again. Buy now and thank me Later. All bets are off if we have a financial collapse dragging the share price below 92.96. Longby DavidSimpson0
Will this Continuation Diamond Pattern achieve 30% measured movePrice finally broke out above the descending resistance line which is one of the diamond's boundary line this is very reliable bullish pattern unless market falls apart but next 12 months there is a good chance this pattern will achieve its measured upside move. Real-time alerts www.2waytrading.comLongby Xafada1
$GILD - dailyAs posted, entry when 107.5 was taken. Nice recovery today, but could use some rest before breaking over recent highs.Longby Ubuntu_mee91