LLY trade ideas
Buy Stop Set in LLY within the BaseA buy stop order has been set in $LLY at 116.60 following the formation of a VCP pattern within a very tight base.
Initially looking for a 2:1 risk-reward.
LLY Double Top All time High 2018Despite stocks market downfall LLY is thriving for bullish pattern. However based on TA this waves is going to turn out soon.
Reasoning for this includes double top on all time high price; Second reason provided by MACD and sch RSI both shown a short opportunity for 35 M timeframe.
To be on safe side if the wave was constructed for correction towards bullish. the middle green line will be a indicator for diagonal support turning point ( around 110) due to previous year short trend was near nil possibility.
$LLY crossed up 20 sma daily well, may want to retrace & go upThe 108 support seems to be pretty solid
LLY – STRONG BUYING ACTIVITIES IMPLIES UPTREND IS FIRMFirm buying activities led the price action to the stock’s new summit, The “Gap Up” implies more potential uptrend ahead, Positive view by the Moving Average (blue above red), Fresh buy signal by the MACD indicator: Long-term uptrend remains encouraging.
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
Lilly's Emgality™ (galcanezumab-gnlm) Receives U.S. FDA ApprovalLLY : Eli Lilly and Company
2018-09-27 19:52:00
Lilly's Emgality™ (galcanezumab-gnlm) Receives U.S. FDA Approval for the Preventive Treatment of Migraine in Adults
A possible downtrend coming on LLY, Again, the newby guy here, i think a possible downtrend coming on LLY with the formation of the pennant flag.
Lilly looks bearishBearish flag, weak MACD crossover, price below ichimoku cloud. Doesn't seem to have much positive momentum. Looks bearish.
LLY earnings tomorrow Inverted head and shouldersThis one hasnt really gone compared to abbv amgn etc. Could run if earnings are good
LLYHello followers, as every weekend I have been running my SW to spot double bottom and flag breakout patterns. In this case, I propose LLY which shows a very clean DB with a pullback on support and a nice bullish reaction.
Tombstone & Long legged dojion max chart & YTD charts respectively near resistance signal bearish to extreme bearish swing | PUT LEAP
LLY - TOP CONFIRMATION12.04.17
Multiple Signals of a potential TOP from my dTFIs on the WEEKLY chart
Caution...
LLY - Caution..Potential TOPMultiple Signals of a potential TOP from my dTFIs on the WEEKLY chart
Caution...
LILLY ELI...ending correction it can be a pullback to strong s/r zone
uptrend...
buy after bullish candle above the support
