LLY trade ideas
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
Possible MoveWe have NYSE:LLY stuck in a triangle. The tip of the triangle and falling volume indicate that we should have a breakout in a couple of days. In my opinion, it is highly likely that the price will break down. Anyway, we have a chance of $4.8/share profit in here, lets see.
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.
LLY- ShortLLY forming a potential head & shoulder. Break below 82 will be good to enter in to a short trade. There are weakness in weekly frame as well.
ELI LILLY (LLY)The company announced that it plans to make available on the market 20 new drugs in the coming years, with even the possibility of seeing approved new indications for products already authorized. The therapeutic areas in which the company is engaged are diabetes, oncology, immunology, neurodegeneration and pain therapy.
P/E 34.41
Forward P/E 18.90
Yeld: 2.72%
