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Gilead Sciences, Inc.
Long

Gilead ST (Feb 4th 2021)

131
Gilead (GILD) (February 4th 2021 through March 17th 2021)

Low: $63.74 - $64.15
High: $75 - $82 - $87

2020 Q4 reports are announced after market close today.

My expectations and speculations are as follows:
Year-ahead guidance to be positive.
EPS might not outperform the $2.04 analyst expectations.
I believe trading will still close positive tomorrow from the close of today. Trading today may close slightly negative.

I understand Gilead has some huge partnerships that will be working on a cure for HIV soon, or maybe has already started R&D in some aspects. I think even if the next immediate months are not bullish, I can definitely see a reason to be bullish in the long run.

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!

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