GILD's avg peaks & retracements is $4-$6 see 50 SMA ...here/link
Relax. Check the chart, this is how GILD buckles and rolls!
50, 75 & 100 SMA (or 75.68, 73.68, 71.20) our breakpoint support levels of concern.
Note that last time we retraced to 100 SMA was June-13, 75 SMA was Oct-13. Since then it has been 50 SMA touch-n-go. Looking to load on $75.68. Higher lows each time, support is stellar!
Big boys always sell on news to average down, art of stock manipulation!