Gilead Sciences may rise to 83.00 - 84.90

Our pivot point is at 74.2.

Our preference

The upside prevails as long as 74.2 is support.

Alternative scenario

Below 74.2, expect 71.2 and 69.3.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 75.0865 and 72.3582).

Supports and resistances

86.8 **

84.9 *

83 **

81.2

77 (USD-last)

75.5

74.2 **

71.2 *

69.3 **

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