Eli Lillly $LLYNYSE:LLY – Long Setup Ahead of June FOMC
Eli Lilly remains fundamentally strong, with robust growth in revenue (+45% YoY), driven by weight-loss and diabetes drugs like Mounjaro and Zepbound. Despite this, the stock saw a recent pullback after a lowered FY25 profit outlook.
Technical View:
LLY is trading near a key support zone around $710. The setup offers a favorable 1:5 risk/reward ratio, with a stop at $700.86 and a target near $768. Bollinger Bands are tightening, indicating a potential breakout.
This decline could be partially driven by market caution ahead of the upcoming FOMC meeting in June. If support holds, we may see a bounce toward the $760–770 area.
Plan:
Entry: ~$710
Target: ~$768
Stop: ~$700.86
Risk/Reward: 1:5
Watching price action closely near the lower Bollinger band.
DHR: Bullish Breakout from Descending TrendlineOverview: Danaher Corporation (DHR) on the daily chart appears to have undergone a significant bearish pattern followed by a period of consolidation. The recent price action suggests a potential bullish reversal, as the stock has now broken above a key descending trendline, signaling a shift in momentum.
Context & Price History:
Prior Topping Pattern: From roughly February to April, DHR exhibited classic signs of a topping formation. The price repeatedly failed to break above the 210 to 215 Resistance zone (red shaded area), indicating strong supply in this region. The price action leading to the sharp April decline could be interpreted as a Head and Shoulders pattern or a triple top, with the white horizontal line around 196- 197 acting as a critical "neckline" or support level.
Sharp Decline & Key Support: Following the breakdown from the neckline in April, DHR experienced a significant sell-off, finding strong demand and bottoming out within the 180 to 185 Key Level support zone (green shaded area). This zone has proven to be a robust area of buyer interest.
Consolidation & Descending Trend: Since the April lows, DHR has been trading within a range, largely constrained by a descending trendline (thick red diagonal line) acting as dynamic resistance, while finding support at the 180-185 key level. This price action formed a descending triangle or wedge-like pattern.
Key Levels & Patterns:
Major Resistance (210 to 215): A strong supply zone where sellers have repeatedly stepped in. This will be the primary upside target if the current bullish momentum sustains.
Key Support (180 to 185): A critical demand zone that has held up well, providing a strong foundation for the recent recovery.
Descending Trendline (Red): This dynamic resistance has capped rallies since March/April. A decisive break above it is a bullish signal.
Pivotal Level (~196-197, White Line): This level acted as prior support (neckline) before the April drop. Now, it serves as a minor horizontal resistance that the price has recently overcome, potentially flipping to support on a retest.
Current Situation (As of Analysis):
DHR is currently trading around $200. Critically, the price has made a strong move above the long-standing descending trendline. This breakout suggests that bullish sentiment is gaining control after a prolonged period of consolidation.
Potential Scenarios:
Bullish Continuation (Primary Indication on Chart):
Confirmation: The chart's projection anticipates a retest of the broken descending trendline (which now acts as support) or the ~
196=197 pivotal level, followed by a bounce and continuation higher.
First Target: Upon a successful retest and bounce, the immediate target for buyers would be the 210 to 215 Resistance zone.
Why: A confirmed breakout from a multi-month descending trendline, especially after holding strong key support, is a strong bullish reversal signal.
Bearish Rejection / Fakeout:
Confirmation: If DHR fails to hold above the broken descending trendline and closes convincingly back below it (and potentially below the ~196-197 level), it would suggest that the breakout was a "fakeout."
Downside Potential: In such a scenario, the price could re-enter the consolidation range and potentially retest the 180 to 185 Key Level.
Confirmation & Invalidations:
Bullish Confirmation: A successful retest of the descending trendline (now support) with a clear bounce, or a sustained daily close above the ~196-197 level, preferably with increasing volume.
Invalidation of Bullish Setup: A decisive daily close back below the descending trendline and the ~ 196-197 pivotal level would suggest that the bullish momentum has faltered and the current breakout might be false.
Conclusion:
DHR has presented a compelling technical setup with a breakout from a significant descending trendline. This breakout, combined with the stock holding firm at the 180-185 key support, suggests a potential shift in trend from bearish consolidation to a renewed bullish advance. Traders should look for confirmation of the breakout (e.g., a successful retest and bounce) before targeting the 210-215 resistance zone.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
McDonald (MCD): Near Critical Trendline Support Overview: McDonald's (MCD) on the daily chart has been consolidating within a broad range after a significant uptrend. The stock is currently trading at a pivotal point, testing a long-standing ascending trendline that has supported its bullish movement. Bearish pressure is evident from repeated rejections at a key resistance zone, suggesting a potential shift in market sentiment.
Context & Price History:
Ascending Trend: From approximately July 2024, MCD embarked on a strong uptrend, consistently finding support along the depicted blue ascending trendline. This indicates underlying bullish momentum and buyers stepping in on dips.
Major Resistance Zone (317 - 323): Since late 2024, MCD has repeatedly faced strong selling pressure in the 317 to 323 range, labeled as "320". This area has acted as a formidable ceiling, preventing further upward progression. We can observe what appears to be a multi-peak formation (potentially a triple top) at this resistance, a classic bearish reversal pattern.
Consolidation: Following the initial uptrend, the price action has entered a consolidation phase, oscillating between the "320" resistance and the rising trendline support.
Key Levels & Patterns:
Ascending Trendline (Blue Line): This is the primary support for the current market structure. A break below this line would signal a significant shift in the trend.
Major Resistance Zone (Red Shaded Area): Strong supply zone between $317 and $323. Multiple rejections here indicate significant selling interest.
Immediate Support Zone (Green Shaded Area): Around $290, this level represents the next key horizontal support below the trendline.
Key Level Support (Deep Green Shaded Area): A broader support range between $270 and $280. This area could provide strong demand if the stock experiences a deeper correction.
Minor Resistance/Bounce Point (Labelled 310): While not a strong horizontal support currently, the "310" label aligns with potential prior horizontal action and is shown as a retest point in the projected bearish scenario.
Current Situation: MCD is currently trading around $303.21. It has seen a sharp decline from the 317-323 resistance zone and is now directly approaching the confluence of the ascending trendline and recent lows. The highlighted blue circle indicates this critical area.
Potential Scenarios:
Bearish Breakdown (Primary Indication on Chart):
Breakdown Confirmation: If MCD fails to hold the ascending trendline support and closes convincingly below it (e.g., below $300), especially with increased volume, it would confirm a bearish breakdown.
First Target: The immediate target for bears would be the $290 horizontal support zone.
Second Target: If 290 fails to hold, the price could then move lower towards 270 to $280.
Bullish Reversal / Trendline Hold:
Reversal Confirmation: If MCD finds strong buying pressure at the current trendline support, we could see a bullish reversal candlestick pattern (e.g., a hammer, bullish engulfing, or morning star).
Upside Potential: A successful bounce could lead to a retest of prior minor resistance around the
310 and then towards 320
Trend Continuation: A decisive break above the $323 resistance would invalidate the current bearish pressure and signal a continuation of the broader uptrend.
Conclusion:
MCD is at a crucial juncture. The repeated rejections at the 317-323 resistance zone and the current approach to the ascending trendline indicate a potential for a significant directional move. Traders should closely monitor price action around the trendline. A break below opens the door for a move to 290 and potentially 270-280, while a strong bounce could see a retest of the higher resistance levels.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
6/9/25 - $cvna - Shorting it, now.6/9/25 :: VROCKSTAR :: NYSE:CVNA
Shorting it, now.
- was waiting for the insiders to dump their shares like rats on a rotting boat. and here we are. all over again.
- in theory, if you had Company A (listed) and Company B (private) and you controlled both... and Company B bought Company A subprime loans and the loss (of marking them to zero) was less than the appreciation you'd receive in the form of Company A stock (such that you could sell it)... what would that be called?
- remember friends, some turds float.
- but eventually all turds get flushed.
- trade turds with caution.
- and remember to wash your hands.
- size appropriately.
- good luck to those believing this thing has "turned around" for the second time. fafo :)
V
MSTR in SatoshisI'm touching base on MSRT/BTC because we had another touch of this overhead - confirming the overhead basically, and predicting that if we touch this overhead again, we get a breakout.
Nothing has changed in the gameplan. It's just taking time. Time is a rare luxury, and most people don't have it, so the market works to strip the impatient and give to the patient. The market is tuned against you, and still you think you can outwit the market, but it's impossible if you don't have time, and very few do.
BUY OPPORTUNITYInstrument: AVGO
Entry Price: $234.70
Stop Loss (SL): $224.50
Take Profit (TP): $261.35
Time Frame: 4H
Technical Analysis:
Price Action:
Broadcom recently hit an all-time high and is now retracing towards strong demand zones around $235.60 and $230.60. These levels have acted as significant support in the past, leading to a bounce-back.
The demand levels around $235.6 and $230.6 are critical for a potential reversal. A bounce from these zones can drive the price up towards local resistance levels near $259 and $263.
Stochastic RSI:
Currently pointing downward but approaching oversold territory, suggesting an imminent bounce or rally back to resistance levels.
Risk-Reward Ratio:
With the entry, stop loss, and take profit set, the trade offers a favorable risk-reward ratio of greater than 1:2, making it an attractive setup.
Fundamental Catalyst:
Broadcom has declared a quarterly dividend of $0.59 per share, with an ex-dividend date set for June 20, 2025, and payable on June 30, 2025. This dividend underscores Broadcom’s strong financial health and commitment to rewarding shareholders.
AMC ENTERTAINMENT HOLDINGS STOCK.WEEKLY / DAILY ANALYSIS.Hello ladies and gentleman.The intrinsic value of one AMC stock under the base case scenario is 10.4 USD. Compared to the current market price of 3.35 USD, AMC Entertainment Holdings Inc is undervalued by 68%.so the is a great probability long to 5 usd.
News sends SMCI down?I do dowsing for my information on stocks, & it came to my attention that SMCI may have some news around 9 am tomorrow that sends it down over 13% (taken from the Fri close).
It suggested just a daytrade - for reference last Thursday dowsing also said there was a short daytrade in TSLA & you probably know it was down 18+%.
Since I blew off the TSLA guidance, I don't want to miss this one! The idea is to short into the $35-36 area and buy it there.
I may be off on the timing. This morning I asked how many hours till this occurs & it was 20 or 20.4 from around 8:30 a.m. There is also something the 11th. Maybe that is when it really turns back upward?? Of course, it could be nothing too, but I'll check in on Wed.
It will be a "scene of the crime" trade at the target area, so this could be really nice catching both sides IF IT'S CORRECT. My work can be spot on at times & miss entirely others, but I did pull an oracle card from a website that has tons & tons of cards it "randomly" chooses from. I asked about this idea and it gave the YES card - your intuition is correct. We'll see.
How Dark Pools accumulation trigger momentum runs speculatively.Dark Pools hide their accumulation during their buying of stocks over time that are at bargain price levels. When a stock price drops below its fundamental levels, Dark Pool TWAP orders trigger and begin the bottom formation to completion phase.
This can take weeks to months to complete. Some bottoms are short term, and others are long term.
Once the Dark Pools have acquired all of the inventory of shares they need, then like TV and Guru Celebrities, they let it be known that the have been in accumulation mode for that stock. This is often very subtle and only on the professional side. Pro traders hunt for the Dark Pool Buy Zones so they are in the stock before an HFT gap or a small funds managers buying spree.
This phenomenon creates specific foot prints on the stock chart that tell you what is going on. it is important to trust your charts and understand the information that is in the candlestick patterns not only for today but prior to a gap or run.
Candlestick patterns are groups of candlesticks and not just one candle or 3 candles.
Professionals use penny spreads and have tighter price ranges than retail side investors and traders.
In order to benefit from the quiet, hidden accumulation, you need to study the indicators and candlesticks in combination, use a run gain potential calculator, and hold through minor dips in price.
Once all time highs OR recent highs resistance is gapped over, which is common in this market condition, then that becomes strong support for the stock. The stock is likely to continue to run upward until the Angle of Ascent becomes too steep to sustain and volume exhaustion patterns and other indicators are warning that the buyers are lower and lower as smaller not investors and smaller funds managers are running out of capital to trade.
There is logic and systematic activity to ever transaction in the market. It is not chaos, It is not random walk. Everything in the charts is reflecting who controls price.
ASTS – 29% Breakout Setup | Ichimoku + R1 Target🚀 Trade Idea: Long AST SpaceMobile ( NASDAQ:ASTS ) with a strong breakout setup forming just above the Ichimoku cloud on the daily chart.
🔍 Technical Breakdown:
Ichimoku Cloud: Price has cleared the cloud, signaling a bullish trend shift. The Tenkan-sen (conversion line) is trending upward, supporting momentum.
Breakout Level: Clean break over horizontal resistance near $25, with a bullish daily close confirming strength.
Volume & Price Action: Bullish candles building above consolidation zone. No upper wicks = buying pressure.
Pivot Points: Next major resistance sits at R1 = $32.99, aligning perfectly with our +29% target.
📊 Trade Details:
Entry: $25.33
Target: $32.99 (+29.35%)
Stop-Loss: $23.75 (-6.23%)
Risk/Reward: 4.71 : 1
💡 Fundamental Angle:
ASTS is building the first space-based cellular broadband network. Any positive news or partnership update could catalyze a sharp move. With shorts potentially caught flat-footed, the setup offers both technical strength and narrative tailwinds.
Watching for:
Sustained volume above $25
Close above $27 to unlock momentum toward $33+
📌 Not Financial Advice. Trade your plan and manage your risk.
#ASTS #Breakout #Ichimoku #SwingTrade #TechnicalAnalysis #SpaceTech #Stocks #TradingView
F Investment 1D Conservative CounterTrend TradeConservative CounterTrend Trade
+ long impulse
- before 1/2 correction
+ expanding T2
+ support level
+ biggest volume 2Sp-
+ weak test
+ first bullish bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit
Monthly CounterTrend
"- short impulse
+ 1/2 correction
- unvolumed T2
- resistance level
+ unvolumed interaction bar"
Yearly Trend
"+ long impulse
+ volumed T2 level
+ volumed 2Sp+
+ 1/2 correction
+ weak test"
ADBE – Tactical CALL + Strategic PUT Setup (Pre/Post Earnings PlI'm currently watching Adobe (ADBE) closely ahead of its earnings report scheduled for June 13th. The setup presents a compelling two-phase strategy that aligns with both technical signals and the macro narrative surrounding tech stocks and overinflated expectations around AI.
🔵 Phase 1: Tactical CALL – Pre-Earnings Momentum
We're seeing a familiar pattern emerge — just like NVDA and AVGO, ADBE is being driven upward by heavy AI hype and anticipation. With strong bullish sentiment in social media, institutional interest still present, and a historically reliable "pre-earnings run-up", a short-term CALL trade seems favorable.
CALL Entry: 2–3 days before earnings
Expiration: June 13
Exit: Before earnings release
Target: +20% to +40% gain from bullish anticipation
Risk: Limited due to short duration; no hold through event
🔴 Phase 2: Strategic PUT – Post-Earnings Reversal
Once earnings hit, I expect a sharp reversal, even if the numbers are decent. Here's why:
RSI on daily and 3D charts is near historical extremes
Technical exhaustion signals: divergence, volume fade, upper Bollinger touches
Institutional distribution signs present
The market has priced in perfection – guidance slip or any miss = correction
Macro: high rates, cautious corporate spending, sticky inflation = risk-off sentiment
📊 PUT Setup:
Entry: After earnings release
Strike: Based on $480 breakdown confirmation
Expiration: June 20–28
Target zone: $445–$460
Stop: Above $515 breakout level
🧠 Final Thoughts
This is not just about earnings numbers — it's about unsustainable expectations and institutions likely rotating out after the run. ADBE has rallied on speculation, not fundamentals. My system detects 23 out of 26 bearish criteria being met. If the market reacts negatively, this could be a high-conviction short-term swing opportunity.
📌 Following the script:
✅ CALL before earnings (close before event)
✅ PUT after earnings if confirmation of breakdown
Let’s see how this plays out. Thoughts?
#ADBE #OptionsTrading #EarningsPlay #PutCallStrategy #SwingTrade #AIStocks #Adobe #TradingPlan
Oatly | OTLY | Long at $0.64NASDAQ:OTLY : A pure technical analysis or future acquisition play. While the company is unprofitable and only has about 1 year left of cash, the bottom "may" be in... unless an offering is announced (tread lightly). But my historical simple moving average (SMA) is approaching the price. Typically, when this happens, there is a sudden jump in the price to "meet" the SMA. It may take weeks or months, but for a pure gamble, odds are in my favor (again, unless bad news emerges). Thus, at $0.64, NASDAQ:OTLY is in a personal buy zone.
Target #1 = $1.00