Gilead Sciences stock price (GILD) rose in latest intraday trading after leaning on the support of the 50-day SMA, lending the stock some positive support, amid the dominance of the main upward medium-term trend line as the price trades alongside the trend line, while managing to vent off overbought saturation in the Stochastic.

Therefore we expect the price to rise and target the first resistance at $114.75, provided the support of $104.90 holds on.

Todays price forecast: Bullish