Gilead Sciences, Inc.
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Shorting Gilead Sciences

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It appears the bull run from the beginning of 2012 is coming to an end and profit taking is now taking place in Gilead, leading to a correction in its price. Similar set ups/ topping formations can be seen in other Bio-tech stocks and Gilead has one of the biggest pullbacks out of all of them. This can give a nice entry for a short position. Check out my posting of CELG to see another shorting candidate in the Biotech industry.

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