GILD at a Key Decision Zone!

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📊 Technical Analysis of GILD (NASDAQ)

After a strong rally since the beginning of the year, the price is now testing a major ascending trendline support around $112 – $110.

✅ If the support holds and the price rebounds, we could see continuation towards the next resistance levels at $118 and $125.

❌ However, a breakdown below $110 with confirmation may trigger a deeper correction, opening the way towards $105 and potentially $98.

🔹 The reaction to this critical support zone will determine the next major move for GILD.

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