GILD approaching resistance in Inverted Head & Shoulders
GILD has been consolidating since September and has found support on and around the 200dma.
The 200dma is close to converging with the 50dma, as well as a descending trend line started on 10/31. A firm break/close above that trend line will indicate a change in trend.
The 200dma is close to converging with the 50dma, as well as a descending trend line started on 10/31. A firm break/close above that trend line will indicate a change in trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.