The GILD price fold into the inside pitchork channel on the long term. This signal a long term downtrend, which does not serve visionary long term investment.
However, for the intermediate term analysis. GILD price follow channel patter as is in the second channel. Despite the extraordinary selling volume, the price found a strong support at 75$.
GILD next TP needs to be positioned at 89$.
If the price breaks the 89$ resistance with momentum, the next TP is at 103$.
However, for the intermediate term analysis. GILD price follow channel patter as is in the second channel. Despite the extraordinary selling volume, the price found a strong support at 75$.
GILD next TP needs to be positioned at 89$.
If the price breaks the 89$ resistance with momentum, the next TP is at 103$.