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GILEAD SCIENCES
(GILD-NYSE):
Technical Viewpoint: From a low
of $33.69 on Dec 31, 2002 prices
rallied, reaching a
high of $38.38
on Jan 16, 2003. A
decline saw prices pull back, reaching a
low of
$32.60 on Feb 20, 2003.
Another rally saw prices penetrate
resistance, closing 3/27/03
at $43.00. 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 $40.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 25, 2003. A P&F upside
reversal takes place at $41.50. Summary: Technical indicators have turned bullish. BUY! GILEAD SCIENCES
(GILD-NYSE) @ $43.25 Stop: Use a protective stop of $41.25.
GILEAD SCIENCES is currently trading @ $43.00 plus $2.48 on Mar 27, 2003. Price Objective:
$53.00. Risk/Reward: $2.00 VS. $9.75. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$53.00
Risk/Reward:
$2.00 VS. $9.75
Risk/Reward Ratio:
5:1
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