Gilead Sciences's most recent trend suggests a bullish bias. One trading opportunity on Gilead Sciences is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 13.38% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $8.82 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Gilead Sciences is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Gilead Sciences is bullish.
The RSI indicator is at 73.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
Fund managers position for post-rate hike U.S. equity rally
Wed, 17 Jun 2015 15:26:38 GMT
Reuters – UK Focus – Tighter monetary policy typically dents a country's equity markets. “As long as inflation stays low, the sweet spot is in the equity market, particularly if the Fed is moving slowly,” said Kathleen Gaffney, co-director of diversified fixed income and manager of the $1.8 billion Eaton Vance Bond Fund.
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