Chart Patterns & Algorithmic Trader (Oct. 14, '19) (42)
GILD Rectangle Channel Pattern
s
Reviewed in CPAT 8/12/19
GILD (Daily) is trading in Rectangle Channel pattern. Channel boundaries
are 69.98 and 61.55. Mid Channel Level is 65.77 and channel depth is: 8.4.
Price is trading between upper and lower trendlines. Breakout targets are:
74.2 to 78.4. Breakdown targets are: 57.3 to 53.1.
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