Gilead Sciences, Inc. (NASDAQ: GILD)

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes therapeutics in the areas of unmet medical needs in the United States, Europe, and internationally.

Take a look at the 1-year chart of Gilead (NASDAQ: GILD) below with the added notations:

1-year chart of Gilead (NASDAQ: GILD)

GILD has been trending lower since its January peak, and has now seemingly moved into a sideways range. However, during the sideways trend, the level of $68 (blue) has acted as both support and resistance on multiple occasions. Now that the stock is above that $68 mark, that level should act as support.

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Alphabet Inc (NASDAQ: GOOGL)

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services.

Take a look at the 1-year chart of Alphabet Inc (NASDAQ: GOOGL) below with my added notations:

1-year chart of Alphabet (Nasdaq: GOOGL)

There are many levels for traders to watch on GOOGL. The first is the key level of $1120 (blue) that has been tested as both resistance and support over the past few months, including Monday of this week. Next, the stock is rising within a very clear up-channel (green), one in which its support was also just tested. Lastly, GOOGL has a major 52-week high resistance at $1200 (red).

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PulteGroup, Inc. (NYSE: PHM)

PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land.

Take a look at the 1-year chart of Pulte (NYSE: PHM) with the added notations:

1-year chart of Pulte (NYSE: PHM)

PHM has a key level of support at $28 (green). The stock has made its way back down to that level again, and traders should be able to expect some sort of a bounce from there. However, if the $28 support level were to break, lower prices should follow.

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ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD)

ACADIA Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders.

Take a look at the 1-year chart of ACADIA Pharmaceuticals (NASDAQ: ACAD) below with my added notations:

1-year chart of Acadia (NASDAQ: ACAD)

ACAD has formed key support in the $15 (green) area over the past couple of months. The stock is also declining against a down trending resistance line (red). These two levels combined have ACAD stuck within a common chart pattern known as a descending triangle. Eventually, the stock will have to break one of those two levels.

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Berkshire Hathaway Inc. (NYSE: BRK.B)

Berkshire Hathaway Inc., through its subsidiaries engages in insurance, freight rail transportation, and utility businesses. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America.

Take a look at the 1-year chart of Berkshire Hathaway Inc (NYSE: BRK/B) with the added notations:

1-year chart of Berkshire Hathaway Inc (NYSE: BRK/B)

During the past 6 months, BRK/B had formed a very important level of support at $190 (red). Yesterday saw the stock break below that support. Not only does that imply lower prices for BRK/B, but the $190 level will most likely act as resistance on future rallies.

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