DailyPlay for Friday July 24th, 2015 – Gilead Sciences Inc. (GILD)

The bullish DailyPlay we chose for Friday July 24th is Gilead Sciences Inc. (GILD). GILD is part of the Health Care Sector (XLV). Over the last three months, XLV has experienced a 3.59% move higher as both 1-month and 6-month trends are bullish.

Gilead Sciences Inc.’s 1-month and 6-month trends remain in a strong bullish trend as it shows positive momentum after bouncing off its $116.45 support level. GILD looks positioned to continue its bullish trend higher with the earnings announcement on July 28th.

View this trade idea on $GILD