Gilead Sciences $GILD has been choppy since 2017. It was bearish going into that year, but price has since held above $64 and almost came up to $90 at the beginning of 2018.GILD Daily Chart(click to enlarge)Consolidation Turning Bearish:- It is apparent now that price action since 2017 was that of consolidation, the choppy sideways type. - However, note that during this consolidation, price action has failed to reach the resistance in the second half of 2018. - This reflects a loss of bullish sentiment.- Furthermore, recent price action has been held below $73 and below the cluster of 200-, 100-, and 50-day simple moving averages (SMAs).- Finally, the RSI also held under 60. - These are all signs that bears are taking over. - Because of the increased bearish bias, I would NOT rely on the support at $64 anymore, outside of a brief bounce or stickiness there.