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Gilead Sciences Bullish Moving Average Crossover Alert (GILD)

Written on Fri, 03/12/2010 - 3:26pm
By Chip Brian

Today, shares of Gilead Sciences (NASDAQ:GILD) have crossed bullishly above their 10-day moving average of $47.36 on volume of 5 million shares.
This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term. Watch for a close above this moving average level for confirmation.
SmarTrend issued an Uptrend Alert for Gilead Sciences on January 07, 2010 at $44.85. In approximately 2 months, Gilead Sciences has returned 5.6% as of today's recent price of $47.37.
We will continue to monitor GILD's share price relative to this moving average.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): GILD

Contact Chip Brian



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