GILD Looking for a Long Entry After the Gap Up
SUMMARY: Looking for a long entry on Gilead Sciences (GILD) after the gap up on news of a COVID treatment.
HEADLINE: Looking for a Long Entry After the Gap Up
TICKER: GILD
STRATEGY USED: Silver Scalper
Trend Confirmation = Range MA
Entry Signal = Bull/Bear Power
Exit Signal = Bull/Bear Power OR Range MA
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DESCRIPTION:
1. With this strategy we enter long on Bull signals and exit on Bear signals when the trend is bullish.
2. The current trend on GILD is bullish according to our Alpha RMA (Green bar color).
3. We are currently looking for a Bull signal for a long entry.
4. We expect a stop and go off of S1 to get our long entry.
5. If we get the long entry at S1 we will be looking at R1 to see how the price reacts.
6. If S1 can't hold we will watching for a Bull signal in the S2 range.
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NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation.
HEADLINE: Looking for a Long Entry After the Gap Up
TICKER: GILD
STRATEGY USED: Silver Scalper
Trend Confirmation = Range MA
Entry Signal = Bull/Bear Power
Exit Signal = Bull/Bear Power OR Range MA
---
DESCRIPTION:
1. With this strategy we enter long on Bull signals and exit on Bear signals when the trend is bullish.
2. The current trend on GILD is bullish according to our Alpha RMA (Green bar color).
3. We are currently looking for a Bull signal for a long entry.
4. We expect a stop and go off of S1 to get our long entry.
5. If we get the long entry at S1 we will be looking at R1 to see how the price reacts.
6. If S1 can't hold we will watching for a Bull signal in the S2 range.
---
NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation.
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