Gilead regains footing - Analysis - 06-05-2021

Economies.com
2021-05-06 09:39AM UTC

Gilead's stock (GILD) rose 1.33% in the last session amid the dominance of the upward correctional wave in the short term, buoyed by support from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the stubborn resistance of 68.28. 

 

Expected trend for today: Bullish 

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