Filtering by Tag: gild

Gilead Sciences Short Entries

Added on by C. Maoxian.

Gilead Sciences was my trading idea for Monday.  Got quite a few replies on StockTwits from GILD bulls on this one ... guys, it's just a trade, I don't care about the company ... they could make dog food, it's just a ticker symbol to me, capisce? 

You had to wait till lunchtime for an "obvious" entry point. Day traders can manage risk off the intraday chart which is something the dentist traders can't do. It's possible to be at breakeven already with this one, though you may want to give it a little more space since the target is way down there. 

Click to enlarge.

Gilead Sciences Back to $86

Added on by C. Maoxian.

This stock got hit before Christmas on some news about a deal with Express Scripts ... after going sideways since last August.  Recent up move may be a nice spot to put on a short if it breaks below $101.75.  Keep an eye on it.