Gilead Sciences may rise to 80.90 - 82.80

Our pivot point is at 72.4.

Our preference

As long as 72.4 is support look for 80.9.

Alternative scenario

Below 72.4, expect 69.3 and 67.5.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading under its 20 day moving average (75.2225) but above its 50 day moving average (71.3836).

Supports and resistances

84.6 **

82.8 *

80.9 **

79.1

75.13 (USD-last)

73.6

72.4 **

69.3 *

67.5 **

Number of asterisks represents the strength of support and resistance levels.