Gilead tries to recoup losses - Analysis - 07-10-2021

2021-10-07 11:35:01 GMT (Economies.com)
 

Gilead's stock (GILD) rose 0.12% in the last session, settling at 67.48 while trying to recover some recent losses, while venting off oversold saturation in the RSI, amid the dominance of the downward correctional short-term wave, as the stock was hurt by piercing the upward trend line recently, while suffering negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the important support of 66.60.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0169
-0.0050
0.4873%
1.2100
-0.0004
0.0326%
20.104
-0.147
0.726%
86.796
-0.465
0.533%
92.34
-2.76
2.90%
1774.165
-7.520
0.422%
 
 
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