GILD (Gilead Sciences) is starting to look interesting as a potential bottoming play as it approaches long-term support around 64.75 with potential bullish divergences on the weekly time frame. Watching to see how it acts around this level, particularly any signs of a selling climax and/or bullish candlestick reversal pattern around this support level. Unofficial trade idea at this time although it is on watch for a potential official swing trade so I wanted to share this potential trade idea in advance for those interested. 10-year weekly chart:
GILD Approaching Long-term Support
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