Gilead, week 16 of the sell signal
Gilead climbs 2.7% as the double bottom gains substance
Gilead, week 16 of the sell signal
In Summary
Gilead is in week 16 of a sell signal, and the week just closed gained 2.7% with buying volume climbing to 96%. A double bottom has formed on the daily chart in the 122 area, with an intermediate 6% rebound giving substance to the recovery. The technical picture over recent weeks tells the story of a downside front giving ground step by step.
IQS Phase
60
ordinary
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#99 / 137
US stocks
Trade P&L %
+4.33%
from signal to today
restricted Platinum content