LLY trade ideas
LLY on the edgeAbout to lose daily support, needs a daily close below. Will it happen? I don't know, but if it does... we test some levels below. If this day closes above probs retest the highs / make new highs.
Eli Lilly and Company (LLY) long.All description on the chart.
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Thank you.
LLY- The most bullish Pharma firmLLY has been very bullish since and I am forecasting a potential bullish flag formation with price travelling to the support and 38.2% retracement level.
Swing trade possible on a strong relative stock LLYwill be watching the blue line support very close, and holding above will be good signal to look long for a few days.
LLYwe have two senario:
if the market forcefully breaks the 0.78 fibo level there will be a probability of going towards the 0.61 fibo level.
and if the market breaks the level1 fibo with force there will be a probability to go up more.
if you liked this idea or have your opinion on it, write in the comments.
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
Eli Lilly and Company [ NYSE: LLY ]Eli Lilly and Company
Pending Order Placement
Entry Placement 164.50
Take Profit Placement 183.89
Stop Loss Placement 151.57
ELI LLY $LLY#ELILLY is swinging up and down. so it is time to go down? one of the best performers among the us stocks.
More Bullish Momentum Evidence LLYIf the powerful US stock market rally is just a counter trend move in a developing bear market, why is a large company LLY stock making a new all-time?
This stock could be the first of many in the new bull market.
Thanks to Trading View member Pardis for noting LLY made a bullish break out.
Mark
Eli Lily Double Top PatternMajor insider selling coming from 10% owner Lilly Endowment Fund (Roughly 500M shares)
$LLY daily supports my previous short thesis$LLY daily chart is currently sitting at the neckline of an inverse head and shoulders -- which also supports my short theory. I BTO 15 MAY 130P on $LLY
$LLY possible short$LLY monthly log chart at top of channel with a bearish RSI divergence. might be a decent short.
ELI LILLY bounce long This drug company sign agreement with another company for some kind of treatment for virus that is going global and also the daily and one and four hour chart is showing a nice trade set up for intra day long
LLY Sell the RallyMy dowsing method suggests LLY gets their FDA approval, and the stock will pop, but that in the longer term, this stock is going to breakdown; probably with the entire market.
I'm getting that the resistance will be around that $145-46 zone, which would also be a test of the uptrend line from below. Good luck!
US FDA approves only triple-combination tablet with Jardiance® fLLY: Eli Lilly and Company
2020-01-27 17:34:00
US FDA approves only triple-combination tablet with Jardiance® for adults with type 2 diabetes
LLY trade shortIf LLY breaks down from the yellow candle today and opens below their and holds on the 15min chart, I would short it.
