Head&Shoulders Formed On the Weekly
This is an ugly chart for those who are bullish on GILD. I do not hold short biotech positions overnight so I will not be entering this trade.
This chart is just to show that the recent crash in biotech still has a way to go.
This chart is just to show that the recent crash in biotech still has a way to go.
Note
Looks like earnings has confirmed the pattern
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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.