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LLY

ELI LILLY and Company -LLY- Long - Bulissh Divergence and TailBullish divergence on the weekly and on the daily I see a missing right shoulder bullish divergence. After this strong price recejection, I expect a move up at least to this projected target zone. From there on, it could move up even more, but the trade is here to find a nice exit and perhaps reenter, or partially stay in this trade. If the reversal looks real solid, I might stay in the trade and setup a trailing stoploss. Entry will be around 110, but I first will see how the market opens on monday. Entry:   110.20 Exit: 117-120 SL: 105 R/R: 1:1,4 up to 1:2,0
NYSE:LLYLong
by Tornado_Trading
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.
NYSE:LLYShort
by Gulpz
LLY Eli Lilly: Where can we buy?This stock has been in a correction for about a year now and it looks like it is not done yet. Looking to the price history on the left we can see that we could soon hit strong support starting from $60.00 which is basically the top of a $48-60 price channel. So I would be looking to buy anywhere below $60 if we re-enter that channel (yellow box). I don't expect price to just move through this channel, just like we cannot just break through a herd of cows crossing the street while driving. In addition, if we copy the move from the swing highs to swing lows from 2015-2016 we can see that an equal move would end right around $60 as well, providing a further reason for entry.
NYSE:LLYLong
by PHL