Gilead Sciences may rise to 92.50 - 93.80

Our pivot point is at 85.4.

Our preference

The upside prevails as long as 85.4 is support.

Alternative scenario

The downside breakout of 85.4 would call for 83.1 and 81.8.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 85.3355 and 81.7732).

Supports and resistances

95.1 **

93.8 *

92.5 **

91

87.23 (USD-last)

86.3

85.4 **

83.1 *

81.8 **

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