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Gilead Inc.(GILD:NASDAQ) Elliott Wave Technical Analysis16 February 23


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Gilead Inc., Elliott Wave Technical Analysis
Gilead Inc.,  (GILD:NASDAQ): Daily Chart, 16 February 23,
GILD Stock Market Analysis: It has been moving higher after a clear five wave move which seems to be completed to then resume higher.  
GILD Elliott Wave Count:  Wave (ii) of {v}.
GILD Technical Indicators: 20EMA as support.  
GILD Trading Strategy: Looking for the end of wave (ii).  
TradingLounge Analyst: Alessio Barretta
 
GILD_2_16.png.d40e7f57d999972f7d262691ab2d31b3.png

 
Gilead Inc., GILD: 4-hour Chart, 16 February 23,
Gilead Inc., Elliott Wave Technical Analysis
GILD Stock Market Analysis: It looks like we have had a diagonal in wave (i) and we are now ready to pullback lower into wave (ii).
GILD Elliott Wave count:  Wave a of (ii).
GILD Technical Indicators: In between averages.  
GILD Trading Strategy: Looking for a clear three wave move in wave (ii) to then place longs.  
GILD_4H.png.9edccd9ffbd00e559ec8cfa9f6af844c.png
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