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GILEAD SCIENCES
(GILD-Nasdaq):
Technical Viewpoint: From a low
of $31.78 on Sep 9, 2001 prices
rallied, reaching a
high of $36.98
on Oct 3, 2001. A
decline saw prices pull back, reaching a
low of
$34.30 on Oct 12, 2001.
Another rally saw prices penetrate
resistance, closing 10/19/01
at $36.29. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 2, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $61.50. Resistance: Is at $65.29.
Point & Figure: Reversed to the upside on Oct 18, 2001. A P&F upside
reversal takes place at $62.00. Summary: Technical indicators have turned bullish. BUY! GILEAD SCIENCES
(GILD-Nasdaq) @ $65.25 Stop: Use a protective stop of $62.50.
GILEAD SCIENCES is currently trading @ $36.29 plus $2.24 on Oct 19, 2001. Price Objective:
$82.00. Risk/Reward: $2.75 VS. $16.75. 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:
$82.00
Risk/Reward:
$2.75 VS. $16.75
Risk/Reward Ratio:
6:1
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