Gilead Sciences may rise to 69.90 - 71.10

Our pivot point stands at 63.7.

Our preference

Short term rebound towards 69.9.

Alternative scenario

The downside breakout of 63.7 would call for 61.8 and 60.6.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 66.292 and 68.4596).

Supports and resistances

72.2 **

71.1 *

69.9 **

68.8

65.68 (USD-last)

64.5

63.7 **

61.8 *

60.6 **

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