SIA Charts Daily Stock Report (siacharts.com)
The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.
GILEAD SCIENCES INC. (GILD) Nasdaq
Green - Favoured Zone
Yellow - Neutral Zone
Red - Out of Favour Zone
Gilead Sciences has just moved into the Favored zone of the S&P 100 Report. With this move we see major resistance taken out at $57.22 as GILD reaches a new all time high. Near term resistance is found at $60.72 with major resistance in the $71 range. To the downside support is above $51.83 and $47.88.
A month ago on October 11th, we highlighted Gilead Sciences (GILD) as a pick for diversification in the Equity Leaders Weekly.
Since moving into the favored zone of the SIA S&P 100 Report at $57.29 on August 12th. GILD has moved onto new highs and #1 spot in the report. Resistance is found above at $80.12 and at $95.75. Support is found below at $67.04 and $58.37.
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