Gilead Sciences may rise to 85.80 - 88.40

Our pivot point stands at 72.5.

Our preference

The upside prevails as long as 72.5 is support.

Alternative scenario

Below 72.5, expect 68.2 and 65.7.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 72.0765 and 68.5198).

Supports and resistances

91.1 **

88.4 *

85.8 **

83.2

76.06 (USD-last)

74.2

72.5 **

68.2 *

65.7 **

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