Gilead Sciences's most recent trend suggests a bearish bias. One trading opportunity on Gilead Sciences is a Bear Call Spread using a strike $98.50 short call and a strike $104.00 long call offers a potential 33.82% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $98.50 by expiration. The full premium credit of $1.39 would be kept by the premium seller. The risk of $4.11 would be incurred if the stock rose above the $104.00 long call 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 down which suggests that the medium-term momentum for Gilead Sciences is bearish.
The RSI indicator is at 23.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
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Tue, 06 Oct 2015 20:48:00 GMT
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Tue, 06 Oct 2015 20:07:00 GMT
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Tue, 06 Oct 2015 19:05:54 GMT
Biotech slammed again, now what?
Tue, 06 Oct 2015 18:09:00 GMT
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Tue, 06 Oct 2015 16:25:11 GMT
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