Eli Lilly: Catch the Knife or Wait for Support?LLY Just Dropped — Opportunity or Trap?
🔥 LLY (Eli Lilly) is on every trader’s radar! With biotech momentum and blockbuster drug potential, this stock is ready to rip once the dust settles. Smart money is eyeing key zones for a golden entry. 💊📈
📉 New Entry Zones:
🔥 630.00 – Solid buy level
🔥 550.00 – Strong value zone
🔥 465.00 – Deep discount opportunity (load-up zone!)
🎯 Profit Targets:
✅ 730.00 📈 (First leg up)
✅ 800.00 🚀 (Breakout zone)
✅ 900.00+ 💰 (All-time high chase)
💡 Volatility creates opportunity. LLY is a beast in the pharma game—any dip could set up a powerful bounce. Watch for heavy accumulation and reversal signals near those buy zones!
🚀 Ready to ride the next wave? LLY’s runway is long and the upside is juicy! #LLY #PharmaStocks #BuyTheDip #GrowthPlays
📌 Disclaimer: Not financial advice. Do your own research and consult with a professional before investing. 🔎💼
LLY trade ideas
ELI LILLY: The time to buy and target 1,300 is now.Eli Lilly is neutral on its 1D technical outlook (RSI = 48.409, MACD = -5.160, ADX = 28.927) and this is technically the most efficient level to buy for the long term towards the end of the year, as the price is sitting around its 1W MA50. The macro pattern is a Channel Up starting back in March 2019 and every time this broke under the 1W MA50 (but remained supported above the 1W MA100) and consolidated, it was the most efficient long term buy signal. In 6 years this has only happened 4 times and all those times the 1W RSI hit the 38.750 S1 level. The immediate target of all bullish waves that started after such bottoms, has been the 2.0 Fibonacci extension. Go long, TP = 1,300.
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Eli Lilly Hit Resistance. LLYMy last idea on LLY proved to be very profitable, so here are the early signs of a pivot at hand. Technically, the indicators flipped almost in unison, MIDAS crossed. And just look at that fat bearish candle setting the tone. It is this constellation of factors that gives one confidence to profit from the plunge. Strap yourselves in.
$LLY Long-Term BuyHealthcare could possibly be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on NYSE:LLY :
Inside a HTF fair value gap (3M timeframe)
Took out an untested low (liquidity)
The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened
The Jeanius Screener lets me filter my favorite tickers to see which ones are currently taking out untested lows or liquidity
LLY: Strong Buy in My Radar List - Feb. 26Technical Analysis (TA) & Price Action
Eli Lilly (LLY) is showing strong bullish momentum, currently trading within an ascending channel on the 1-hour timeframe. The stock recently tested the upper trendline and is consolidating near $900, a key psychological level.
Key observations:
* Trend Structure: LLY is in a strong uptrend, forming higher highs and higher lows within a well-defined price channel.
* Support & Resistance:
* Major Resistance: $912 (recent high)
* Key Support: $894, followed by $881
* Stronger Support Zones: $869 - $865 (confluence with PUT walls)
* MACD Indicator: Bullish momentum persists but shows slight signs of cooling off. Watch for potential continuation.
* Stoch RSI: Approaching overbought conditions, which may signal a slight pullback before another push higher.
Options Flow & GEX Analysis
The GEX (Gamma Exposure) indicator suggests a high call concentration around $900, aligning with our price action resistance. This means market makers may hedge aggressively if LLY sustains above this level, fueling further upside.
* IVR (Implied Volatility Rank): 19, with IVx avg at 32.7%, indicating relatively lower volatility.
* Call Side Bias: 23.4% of total options flow supports a bullish breakout scenario.
* Key GEX Levels:
* Strongest Resistance / CALL Wall: $900 → Break and hold here unlocks $920 (2nd CALL Wall).
* PUT Support Zone: $865 - $867.5 → A breakdown could trigger downside hedging, making this a critical level to hold.
Trade Plan & Suggestions
📌 Bullish Trade Setup (Preferred Play)
* Entry: Above $900 with confirmation (sustained hold above resistance).
* Target 1: $912
* Target 2: $920 (CALL Wall target)
* Stop-loss: Below $894
📌 Bearish Alternative (Hedge Play)
* Entry: Below $894 with volume breakdown.
* Target: $881 → $869
* Stop-loss: Above $900
Final Thoughts
LLY is one of the strongest setups on my radar. If it maintains above $900, it could trigger a gamma squeeze toward $920. However, failure to hold this level could result in a retest of $865-$869. Options positioning suggests a bullish bias, but watching price action closely is key.
📢 Risk Management: Always size positions according to your risk tolerance. Trade the setup, not the expectation.
🔹 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk accordingly before trading.
Eli Lilly (LLY): Potential Continuation of UptrendLLY remains an under-the-radar stock that appears poised for a continuation of its upward trajectory.
Following strong earnings and solid net income in the last quarter, analysts have revised their price targets upward, with some projections reaching as high as $1,000. This suggests a potential return of at least 10%.
From a technical perspective, LLY has posted gains for the week and remains above the 20, 50, and 100-day simple moving averages (SMAs). After reporting positive earnings earlier this month, the stock has undergone a period of consolidation and now appears to be positioning for a breakout. Additionally, the current price action is clearing the gap created by the earnings-induced decline in November of last year.
With prices breaking out and successfully retesting support, I anticipate a potential upside target of at least $945.
ELI LILLY ahead of a 1D Golden Cross targeting $1225Last time we looked at Eli Lilly (LLY) 3 months ago (November 21 2024, see chart below), we've identified the bottom of its 5-year Channel Up and issued a strong long-term buy signal:
Now we are upgrading our Target as the price action turned out to be very similar to the 2nd half of 2020, at the end of which the company witnessed strong growth.
As you can see both 2020 and 2024 patterns have been correction phases in the form of Channel Downs. Even their 1D RSI sequences are similar. A 1D Death Cross paved the way for the bottom soon after and a 1D Golden Cross (Jan 11 2021) confirmed the start of a new phase of growth.
The price is now above the 1D MA200 (orange trend-line) and if it continues to replicate 2021, then we expect this to be a Bullish Leg that will target the 1.786 Fibonacci extension. Our long-term Target now goes from $1135 to $1225.
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LLY - in preparation for strong earnings report!Moving on to our next great Stock set up - LLY
Eli Lilly and Company (LLY) has demonstrated robust financial performance, driven by its innovative pharmaceutical offerings, particularly in the weight-loss segment.
In the third quarter of 2024, the company reported a 20% year-over-year increase in revenue, totaling $11.44 billion. This growth was primarily attributed to a 15% rise in sales volume and a 6% increase in realized prices. Key contributors to this success were the weight-loss drugs Mounjaro and Zepbound.
Looking ahead, analysts are optimistic about Eli Lilly's financial trajectory. The company is expected to report fourth-quarter 2024 revenue of approximately $13.5 billion, marking a 45% increase compared to the same period in the previous year. This projection includes significant contributions from Mounjaro and Zepbound, with anticipated revenues of $3.5 billion and $1.9 billion, respectively.
Analysts have expressed positive sentiments, with 10 out of 11 surveyed by Visible Alpha rating the stock as a "buy" and setting an average price target of nearly $986, approximately 21% higher than current levels.
Overall, Eli Lilly's strategic focus on innovative treatments and its strong product pipeline have positioned the company for continued financial success.
So far we believe that the strong fundamentals , and current growth provided by the weight loss drug that has had tremendeous success we would see a positive outcome on their earnigns and growth potetial.
Entry: 813
Target 1: 857 - 1st weak resistance
Target 2:950 - 2nd strong resistance
SL: 750 around the strong support area
LLY Technical Analysis for Feb. 7Chart Insights (Hourly Timeframe):
1. Trend Analysis:
* The price shows an upward trend within a rising channel. Support levels align with the lower trendline around $827, while the upper boundary projects resistance near $880–$900.
* MACD: A bearish crossover with a declining histogram suggests a possible pullback or consolidation phase.
* Stochastic RSI: The oscillator is moving down from the overbought zone, signaling decreased momentum.
2. Key Support/Resistance Levels:
* Support: $827, $816, $798.
* Resistance: $870, $887, $900.
3. Volume:
* Volume spikes align with upward movements, but the recent decline indicates waning bullish enthusiasm near resistance.
Options GEX Analysis:
1. Call Walls:
* Significant resistance at $887 (78.68% Call Wall) and $900 (89.5% Call Resistance / Gamma Wall).
* Likely a tough level for bulls to break without substantial volume.
2. Put Walls:
* Support levels at $762.5 (HVL), $750 (2nd Put Wall), and $740.
3. Market Sentiment:
* GEX leaning bullish (27.6% Calls), but IV (7.7) and IVx avg (30.4) imply low implied volatility—cautioning reduced movement potential.
Trading Plan
Bullish Scenario:
* Conditions: If LLY maintains support above $860 and breaks $870 with increased volume.
* Strategy: Buy Call Option at $870 strike. Target $887–$900.
* Entry: Upon a breakout above $870.
* Stop Loss: Below $860.
* Profit Target: $887–$900.
Bearish Scenario:
* Conditions: If LLY loses $860 support and stochastic RSI continues bearish.
* Strategy: Buy Put Option at $850 strike. Target $827–$816.
* Entry: Upon breakdown below $860.
* Stop Loss: Above $870.
* Profit Target: $827–$816.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Always confirm real-time GEX updates and monitor price action during the market session. Practice proper risk management.
LLY Technical Analysis & Options Trading Insights - Hot on RadarPrice Action Overview
LLY continues to show strength with a clear upward trajectory. The stock is trending within a rising channel on the hourly timeframe, supported by increased volume. It recently tested the upper boundary of the channel around $825 and showed resilience, suggesting strong bullish sentiment. MACD and Stochastic RSI indicate overbought conditions, signaling caution for new buyers at current levels.
Support and Resistance Levels
* Immediate Resistance: $830 (recent high and near the 2nd CALL Wall on GEX)
* Key Support Levels:
* $814 (channel mid-line and prior consolidation area)
* $800 (psychological level)
* $774 (HVL support level from GEX)
Options GEX Analysis
* Highest Positive NETGEX/Call Wall: $830
* 2nd CALL Wall: $825 (current area of interest)
* PUT Walls:
* $720 (significant put support)
* $700 (third support level with strong gamma influence)
Trading Plan
1. Bullish Scenario:
* Entry: Near $814 (pullback to mid-channel support) or $825 (breakout above resistance).
* Target: $830 and then $840 (measured move based on channel projection).
* Stop-Loss: Below $810 to mitigate downside risk.
2. Bearish Scenario:
* Entry: If the price fails to hold $814 and breaks below $810.
* Target: $800 and $774.
* Stop-Loss: Above $818 to control losses in a false breakdown.
Options Trading Suggestions
* Bullish Setup:
* Buy Call: Strike $820, Expiry 2-3 weeks out.
* Spread: Bull Call Spread $820/$830 to reduce risk.
* Bearish Setup:
* Buy Put: Strike $810, Expiry 2-3 weeks out.
* Spread: Bear Put Spread $810/$800.
Thoughts on Direction
The strong trend and bullish momentum suggest further upside if LLY maintains its current channel. A breakout above $830 could accelerate the move to $840 or higher. However, watch for overbought signals in the short term and consider profit-taking if resistance holds.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Price levels and market conditions may change in premarket or during trading hours. Adjust trading strategies accordingly, and for specific questions, feel free to reach out. Always conduct your own due diligence and manage risks responsibly.
LLY to follow NVO ? A bearish Head & Shoulders in NYSE:LLY weekly chart (as well in daily chart).
NYSE:LLY last move is stuck under a downtrend line (in white) which forms the right shoulder.
In addition, the head part forms another bearish pattern - a double top.
If the head & shoulders forms is applied, NYSE:LLY may go down to its support level at $433.
The entire healthcare sector looks bad at the moment and NYSE:LLY 's rival NYSE:NVO has already formed and applied a head and shoulders pattern.
Will NYSE:LLY follow NYSE:NVO ? time will tell but the writing is on the wall.
Looking for a rise from Eli Lilly. LLYBullish outlook, betting on an upgoing flat. Kennedy channeling gives some Fibonacci, which are confluent with straight Fib projections. The constellation for bullish bias is completed by multiple momentum divergences, break of Midas indicator line, Ehler's US supporting price action and recent crosses on stochRSI and smoothed VZO. Goals in green, rejection of idea in red.
Loss in weight loss Drugs GLP1 Drug producers started 2024 with very strong momentum with Lilly touching nearly a market cap of 1T USD. But since then, the GLP1 manufactures have lost a lot of momentum. Novo Nordisk is at 52 weeks low as shown by the red line. Eli Lilly stock chart also showing bearish engulfing candle. The 20-Day, 50-Day and 100-Day are almost below the 200 Day SMA showing bearish divergence. IN the short to medium term the Price trend looks bearish unless there is a positive catalyst for the stock.
LLY: Bearish Trend and Short-term Risk🔥 LucanInvstor's Strategy:
🩸 Short: Below $738.05, targeting $720 and $700. The MACD remains negative, and the price is below both the 9-day and 200-day EMAs, signaling a continued downtrend in the short term.
🩸 Long: Above $824.17, targeting $830 and $850. A break above resistance could resume the bullish trend, but caution is needed due to current bearish pressures.
🔥 LucanInvstor's Commands:
🩸 Resistance: $824.17 — A key resistance level; breaking above this could trigger further upside.
🩸 Support: $738.05 — A critical support level; a breakdown below this could lead to further declines.
Eli Lilly is under bearish pressure in the short term, with increasing selling volume and negative MACD momentum. A breakdown below support could lead to a further pullback, while a breakout above resistance could signal a reversal of the current trend.
👑 "In the face of adversity, clarity in action drives success."
LLY Earnings Preview: Breakout or Rejection? Key Levels to WatchNYSE:LLY moved from 761-799 this week, catching key support at that 761 level. NYSE:LLY closed as an outside week, bullish on the 15MIN-Week timeframe. This has the potential to be a really nice earnings run-up, if the 800 level can hold. As always do your own research, these are just ideas, not meant for investment advice.
symmetri triangel Eli Lilly has formed a symmetrical triangle after falling from an ascending trend. The hypothesis is supported by decreasing volume towards the apex.
Ideally, the breakout should occur 2/3 of the way into the triangle. That is not the case here. Now we are close to the apex, so a breakout must be imminent.
It is difficult to predict the direction of the breakout with a symmetrical triangle, even though the upper boundary has been tested the most.
Be mindful of false breakouts – a true breakout should occur with high volume.
Disclaimer: I have a position in Eli Lilly.
Halftime Report: LLY Up From Here? Hold for better PriceWe've been watching LLY after Open this morning allowed it to bounce up to $783.63. It has since settled on the 50% Retracement on the 5 Minute, which we were looking for it to break down back to at least the $765-$766 Price Range, looking to get in around $765.45specifically. With a Price Target $775 (Short-Term Trade Target) on the rebound and retest. We're looking at a stop around $761.97 to be safe in case it comes down hard and surpasses our entry. On a longer-time frame, we're looking for potential a $780.65 - $785 retest.
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