Gilead Sciences (GILD) has broken above cloud resistance and the conversion line on the daily Ichimoku chart, setting up a clean breakout trade.
Entry: $108.88
Target: $123.81 (+13.71%)
Stop: $104.15 (-4.34%)
Risk/Reward Ratio: 3.16
Volume & Momentum: Confirmed by CM_Ult_MacD and Williams %R near overbought (-19.91)
Price has cleared the cloud with bullish structure and higher lows. Strong follow-through could push GILD toward the R1 pivot near $124.80.
Entry: $108.88
Target: $123.81 (+13.71%)
Stop: $104.15 (-4.34%)
Risk/Reward Ratio: 3.16
Volume & Momentum: Confirmed by CM_Ult_MacD and Williams %R near overbought (-19.91)
Price has cleared the cloud with bullish structure and higher lows. Strong follow-through could push GILD toward the R1 pivot near $124.80.
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