Gilead Sciences (GILD) has broken above cloud resistance and the conversion line on the daily Ichimoku chart, setting up a clean breakout trade.
Entry: $108.88
Target: $123.81 (+13.71%)
Stop: $104.15 (-4.34%)
Risk/Reward Ratio: 3.16
Volume & Momentum: Confirmed by CM_Ult_MacD and Williams %R near overbought (-19.91)
Price has cleared the cloud with bullish structure and higher lows. Strong follow-through could push GILD toward the R1 pivot near $124.80.
Entry: $108.88
Target: $123.81 (+13.71%)
Stop: $104.15 (-4.34%)
Risk/Reward Ratio: 3.16
Volume & Momentum: Confirmed by CM_Ult_MacD and Williams %R near overbought (-19.91)
Price has cleared the cloud with bullish structure and higher lows. Strong follow-through could push GILD toward the R1 pivot near $124.80.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.