TRADING TIPS

GILD Breakout Buy

Hubert Senters here. Let’s take a look at GILD, Gilead Sciences breaking out today it’s right now trading at $83.89 is the recording of this video up to dollars and $60- ish since looking good. Breaking away you can see that it had some nice consolidation. The ATX dip below the 2011 ADX back above the pointing line and then at that point it went back above the cloud. Breakaway trade one to three trades I should say three bars above the cloud pretty conservative set up lagging lines with you so it’s probably going to go substantially higher. Now, you will have a little bit of overhead resistance brought him here this area around $85.50-ish. So right now it’s trading at $80 — $83.86 so you got a couple bucks that you can kind of trade with profit there before you’re going to have to run into a little bit of an issue so add GILD to your watch list. Folks over Trade Thirsty is having an online webinar with four speakers this weekend January 27th, 2018 from 9:00 AM to 1:00 PM Eastern, ‘’Toast Of Traders’’ event. Click ‘’REGISTER NOW’’ to register for the event. I am going to scroll down here and you check out the speakers and the title of their talk. Good luck. Hope it helps. And I’ll see on the next video. Hubert.  

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