Gilead (GILD) technical preview for March 23, 2015

Gap up and close on a 2 week high on Friday are very positive for GILD shares. The short-term trend is pointing upward as long as price remains higher than $100. Longer-term the market is rangebound as it consolidates below all-time year highs.

GILD daily chart (1 year):

gild

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

Please read the Disclaimer!