Trade Idea for Gilead Sciences, Inc. (NASDAQ)
Gilead Sciences, Inc. (NASDAQ)
#GILD
The trend is upward. The stock is trading between 365 and 135 ЕМА. The descending wave structure is truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy upon the formation of an upward wave structure, where wave (A) breaks …