Head&Shoulders Formed On the Weekly
Updated
This is an ugly chart for those who are bullish on GILD. I do not hold short biotech positions overnight so I will not be entering this trade.
This chart is just to show that the recent crash in biotech still has a way to go.
This chart is just to show that the recent crash in biotech still has a way to go.
Note
Looks like earnings has confirmed the pattern
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