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GILEAD SCIENCES INC
(GILD-Nasdaq):
Technical Viewpoint: From a low
of $40.58 on Apr 10, 2003 prices
rallied, reaching a
high of $47.60
on Apr 24, 2003. A
decline saw prices pull back, reaching a
low of
$44.81 on May 8, 2003.
Another rally saw prices penetrate
resistance, closing 5/15/03
at $48.63. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 10, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $46. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on May 12, 2003. A P&F upside
reversal takes place at $47.00. Summary: Technical indicators have turned bullish. BUY! GILEAD SCIENCES INC
(GILD-Nasdaq) @ $48.88 Stop: Use a protective stop of $46.88.
GILEAD SCIENCES INC is currently trading @ $48.63 plus $1.15 on May 15, 2003. Price Objective:
$74.00. Risk/Reward: $2.00 VS. $25.13. Today's Risk Reward Ratio: 12:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$74.00
Risk/Reward:
$2.00 VS. $25.13
Risk/Reward Ratio:
12:1
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