Gilead (GILD) technical preview March 16, 2015

GILD has retreated about 15% from the all-time high that dates back to October 2014. The trend is neutral as the price has been moving sideways during the last 6 months, around the psychologically critical $100 level. Patience is required for a clarification of the path of lest resistance.

GILD daily chart (6 months):

gild

Chart courtesy of http://www.StockCharts.com

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