GILD trade ideas
GILD: Tight stop loss long opportunityEnter longs in GILD at market here, risking a drop under 76.67 seems like a good trade, considering the company's fundamentals, and the daily and weekly technical landscape.
A rally back to 84.59 is in the cards.
Risk 0.5% on this trade.
Good luck!
Ivan Labrie.
gild longlooks like W bottom to me, what you guy think, is this stock over done
major buy backs, 30m in cash
Perhaps Gilead sees 75s?Not much VolumeProfile support between 77 all the way to 75. Could be a buy if that yellow trend on Daily Line Chart holds.
GILD LONG declining wedgeGILD long based on declining wedge,
risky... wait for a turn around , ma cross
Check out monthly chartCheck Monthly chart.
GILD is one of the fastest growing company, but had to drop their share price since Hillary want to drop Drug price.
She keep repeating since last year, but it will not really damage drug price. It will actually damage CVS or insurance companies. GILD rebate a lot of money to CVS and insurance companies.
Plus, Chart is very attractive and valuation is very good compare to other companies.
Buy at : 78~83
target price 1: 108
target price 2: 112
target price 3: 120+
Ar you bullish on Gilead?There is no doubt, this is a stable downtrend since 2015 and it's easy to see further lows this year.
But I think the 3point extension is working with no further lows below 77,92$. Either traders are waiting for stepping above 82,93$ or go in risks now.
GILD short term bullishbullish option activity since wednesday on the weekly and september contracts. I'm in weekly call spreads, plans to add more on dips.
$GILD falling wedge on daily$GILD looking ripe. Falling wedge nearing apex.
Looking for a move up to fill gap.
obvious range/descending triangle here.Obvious triangle. price at support, looks like its good for 10%. ill give it a 3.3% stop (closing, or puking) to $78 from my $81.30 purchase last week.
GILD - strong downside pressure could create compelling buy1M:
1W:
GILD continues to be under pressure. Bad news, unknowns, fear, & uncertainties. I'm not a 'value investor' and GILD's situation makes this a complex valuation. With that being said, low $70's would be compelling to me and below $70 very compelling. I hope this stock gets absolutely hammered.
