GILEAD SCIENCES INC
(GILD-Nasdaq):
Technical Viewpoint: From a low
of $32.45 on Oct 24, 2002 prices
rallied, reaching a
high of $38.75
on Nov 7, 2002. A
decline saw prices pull back, reaching a
low of
$34.77 on Nov 13, 2002.
Another rally saw prices penetrate
resistance, closing 11/22/02
at $39.47. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 11, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $36.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 21, 2002. A P&F upside
reversal takes place at $36.75. Summary: Technical indicators have turned bullish. BUY! GILEAD SCIENCES INC
(GILD-Nasdaq) @ $39.50 Stop: Use a protective stop of $37.50.
GILEAD SCIENCES INC is currently trading @ $39.47 plus $1.59 on Nov 22, 2002. Price Objective:
$51.00. Risk/Reward: $2.00 VS. $11.50. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$51.00
Risk/Reward:
$2.00 VS. $11.50
Risk/Reward Ratio:
6:1
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