#LLY: Fractals and Future Zones
Examining the 1 Day chart, I found a potential fractal in the making. If the recent vaccine news and contracts are motivators for upward motion, then I’ve marked out zones for potential option strikes that could work their way into the money.
With confirmations off key fib areas, and the RSI about to backtest the 50% zone, this could be a runner over the next couple of weeks. Key support and resistance is clear and consistent.
Not financial advice chumps.
With confirmations off key fib areas, and the RSI about to backtest the 50% zone, this could be a runner over the next couple of weeks. Key support and resistance is clear and consistent.
Not financial advice chumps.
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