LLY Potential buy setup Long

Eli Lilly and CompanyNYSE

Description

⋅ Jan 31, 2024 2:40 PM

Reasons for bullish bias:
- Entry is at breakout of HH
- DOW theory, SL at last HL
- Respecting trendline

Entry Level: 655.60
Stop Loss Level: 565.08
Take Profit Level 1: 746.12

Trade active

⋅ Mar 4, 2024 6:45 PM

TP1 was hit, moving SL to BE