Gilead Sciences Trading Analysis (25/08/2025)
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМАs. The downward wave structure has been truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy when the ascending wave structure begins to form and wave A breaches the sloping channel of the descending, truncated structure.
- Stop-loss under the local minimum of the descending wave structure.
- Price targets are 119.30 and 120.80.
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