Preclinical data is looking very good( from washington post interview today).
Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
This move happened on lower volume, as yesterday’s volume was down 16.36% from the day before — and down 10.46% from the same day the week before.
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
The price move occurred on volume that was up 8.93% from the day prior, but down 47.93% from the same day the week before.
The change in price came along side change in volume that was down 12.82% from previous day, but up 36.69% from the thursday of last week.
This is a perfect opportunity for larger pharma to come and buy $gild.
Remember, dont sell today if your temperament is challenging you.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 105.22% from the day prior, and up 141.03% from the same day the week before.
Is going to take a few tries as bag holders from jan-jul just want out.