GILD has completed its bottom AND sustained the run up from the bottom completion, which provides strong support. The stock is now heading toward the previous resistance highs from January; this is not strong resistance. The type of sideways trend developing now builds energy that can easily move above that weaker resistance. Swing trade watch. Earnings are in a month.
accumulation_distributionBeyond Technical AnalysisearningseasonTechnical IndicatorssidewayscandlestickpatternSupport and Resistanceswingtrading

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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