My Authors
Read all threads
Analysis: #NASDAQ $GILD

Case 255 #Gilead Sciences Inc. (Revisited 01)

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#GILD 1/4
Chart 1
Weekly Chart: As noted in our analysis, Feb. 2020, #pivot #resistance at 85.85 has proved to be resilient but appears to be waning, as a drive higher is in the process. Price must now break above the the Jan, 2018 (89.54) and .....

GILD 2/4
..... close above 90.27 as the risk of a failed break higher could see price reverse back to the 2019 base 70.00-69.00. The main #SMAs are adding to the #bullish tone with firm #support seen 70.00-61.50.

GILD 3/4
Chart 2
Daily Chart: Price has broken below and is currently resting on SMA 20 with trendline support at 75.75. Price needs to hold above 78.00 or trade lower.

The #Strategy is printed on the image.

$GILD 4/4
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with malteseinvestor

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!