GILEAD Stock Chart Fibonacci Analysis 030423 1) Find a FIBO Slingshot
2) Check FIBO 61.80% level
3) Entry Point > 81/61.80%
Market insights
[GILD] - Short / Downside drawLong-term weekly high - Liquidity PURGED.
We've seen a short-term low broken with bearish displacement candle; leaving a FVG (SIBI) in its wake.
We've seen price break down and trade back into the bottom of the bearish breaker twice, which is being highly respected with candle wicks and bodies.
Each touch we see price react and move away from the area dynamically, as it acts as resistance.
Targets and draws on liquidity is the sell stops liquidity resting below the relatively equal lows (RELs). RELs are too clean; make jagged.
Lower targets would be the liquidity VOID and the FVG (BISI). Also the small volume imbalance.
$GILD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GILD after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
$GILD: Nice setup for a month...Gilead offers a very nice setup here, upside as per the chart. You can expect it to do well during January if it holds over $85.43 for the most part, might consolidate again after February the 1st.
Best of luck if taking this one.
Cheers,
Ivan Labrie.
GILD SELL+++++ GILD has been stubborn AF on correcting, it will eventually and likely after my puts expire Jan 20 lol.
🟩 $GILD - taking a pilot here- Stock is getting in an early stage 2
- Buying off a low cheat
- Gross Margins increase
- Industry group is strong
GILD triple top failedGILD has been on a monster run, up one day, up the next and failed to pierce through the triple top. Bio pharma stocks are always difficult both short and long, every time I trade one it's always the last time. LOL $71 gap to fill
Bear swing on GILDREALLY nice bull inside candle at a nice high. After a run up.. This would be VERY interesting short. I have zero issue losing 1R on this trade. However, I did mention in a Forbes article that big pharma is PROB going to be the best performing asset / sector From Oct 2022 to April 2023 (mid term election cycle)
GILD SELL+ Overbought GILD should correct back to $70-73 before any further leg up, further breakout to the upside can happen.
Recap : QuickTrade on GILDHow the QuickTrade on GILD n. 176 worked out.
First attempt to break the level, then the price had as support the ema 50 with a max drawdown of 2.5%
$GILD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GILD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
Buy $GILD - NRPicks 25 FebGilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercializes drugs in areas of unmet medical need such as human immunodeficiency virus (HIV) in the United States, Europe and internationally.
Revenue TTM 27.3B
Net Income TTM 6.2B
EBITDA TTM 12.5B
Debt/EBITDA TTM 2.5x
EBITDA Margin 45.9%
Net Margin 22.8%
QuickTrade : GILDNice box testing the 250h.
The 50h and the 21h want to move on the right order after this pullback.
The previous high can be a target, while a breakdown has more targets.
GILD Swing IdeaSwing idea for GILD if it can stay above this zone. Looking at 9/16 calls. Focusing on $65 and $67.5 strikes. They have a combined OI of 26,125
$GILD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GILD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%.
Shorting Gilead. GILDIndeed. B Wave in a zigzag form appears to be completed. We are going down to one extent to another.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
$GILD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GILD after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
14/4/2022 NASDAQ (GILD)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $61.83
Target Price: $62.45
Stop Loss: $61.21
28/3/2022 NASDAQ (GILD)Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $58.87
Target Price: $58.47
Stop Loss: $59.54
$GILD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GILD after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 62.5%.
Bias more on upside. 05th March 2022
Gilead 56 final support.
worth to take risk price between 56-60
TP64 & 68
Nimble safe
