Gilead Sciences may rise to 71.40 - 72.60

Our pivot point is at 65.7.

Our preference

Short term rebound.

Alternative scenario

Below 65.7, expect 63.6 and 62.4.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the stock is trading above its 20 day moving average (66.1375) but under its 50 day moving average (69.2762).

Supports and resistances

73.8 **

72.6 *

71.4 **

70.2

67.72 (USD-last)

66.4

65.7 **

63.6 *

62.4 **

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