GILD approaching resistance in Inverted Head & Shoulders
GILD has been consolidating since September and has found support on and around the 200dma.
The 200dma is close to converging with the 50dma, as well as a descending trend line started on 10/31. A firm break/close above that trend line will indicate a change in trend.
The 200dma is close to converging with the 50dma, as well as a descending trend line started on 10/31. A firm break/close above that trend line will indicate a change in trend.
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