Gilead Sciences's most recent trend suggests a bullish bias. One trading opportunity on Gilead Sciences is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 13.64% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $65.00 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 55.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gilead Sciences
Hepatitis C Space Heats Up
Fri, 25 Apr 2014 22:32:30 GMT
Motley Fool – Drugs from Merck and Bristol-Myers Squibb look like they'll be able to compete with offerings from Gilead Sciences, AbbVie, and Johnson & Johnson.
Will We See `Sell in May and Go Away?’
Fri, 25 Apr 2014 21:25:03 GMT
Bloomberg – April 24 (Bloomberg) –- Philadelphia Trust Co. CEO Mike Crofton discusses earnings and the economic recovery with Julie Hyman on Bloomberg Television's “Street Smart.” (Source: Bloomberg)
AbbVie Beats on Q1 Earnings, Humira Soars
Fri, 25 Apr 2014 19:45:04 GMT
AbbVie Beats Earnings, Gilead Sciences Benefits
Fri, 25 Apr 2014 18:05:00 GMT
AbbVie Beats Q1 Estimates, Downplays HCV ‘Price War'
Fri, 25 Apr 2014 16:30:00 GMT
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