Bullish reversal is a clear confirmation

GILD had a strong bullish buying pressure at the bottom with the support of a volume spike. Furthermore, it has broken out of the downtrend line. Double bottom formation is confirmed and Mid-term stochastic is showing confirmation of oversold together with divergence.

Hence, we will buy on market spot upon open or a retracement to 69.11 or 64.85.
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian