GILD weekly burning thru supply This is the 2nd time against the big weekly red supply candle (72.50). so selling climax, lower low on lower volume (selling exhaustion).
also trying to break thru the weekly 50da ma. until that level is taken out we are still in accumulation.
but signs are positive. if however we give this week back then this is a false sign of strength.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.