Gilead Sciences may rise to 88.90 - 90.20

Our pivot point is at 82.2.

Our preference

As long as 82.2 is support look for 88.9.

Alternative scenario

Below 82.2, expect 80.1 and 78.8.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 82.8755 and 78.863).

Supports and resistances

91.6 **

90.2 *

88.9 **

87.6

84.17 (USD-last)

83.2

82.2 **

80.1 *

78.8 **

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