Tight Triangle Formation — GILD Ready for a BreakoutGilead Sciences, Inc.BATS:GILDisahebdadiOn the daily chart, GILD is forming an ascending triangle, a bullish continuation pattern that often precedes a breakout move. The stock has rallied from around $75 to $125 and is now consolidating within a tightening range. The 50-day SMA (around $114) is providing dynamic support. Short-Term View (1–3 weeks): •As long as price holds above $113, the bullish bias remains valid. •A breakout above $122 would confirm upward momentum. •Short-term target: $128–$132 •Stop-loss: below $112 Long-Term View (2–6 months): •A confirmed breakout could lead to a strong continuation toward $135–$140. •A breakdown below $113, however, may trigger a correction toward $104 or even $95. Summary: GILD is nearing the apex of its ascending triangle — a decisive move is coming soon. A breakout above $122 could unleash the next bullish leg, while a drop below $113 would shift control to the bears.