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Reallifetrading
Aug 26, 2015 4:53 PM

LLY head and shoulders? Short

Eli Lilly and CompanyNYSE

Description

Could leg into this trade. 1/2 at 77.66 1/2 an R at 79.26 (if it pulls back to that level today or tomorrow)
However LLY looks like a nice H&S pattern. 200 SMA is a target. LLY doesn't have to break through that. However, if it does, 68.72 makes a lot of sense. 8/26/15
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