LLY - Weekly Chart BoD

Weekly chart shows second Buy on Dip signal near Resistance turned Support Zone and uptrend line at 220
Current price to support is around 12% (i.e 12% risk if to place your SL at below 220)
Strong and nice uptrend
FiFT Turned +ve

under Healthcare Tecnology Sector.
Earnings on 26 Oct BMO
ROE 102%, EPS this y 37%
Gross Margin 74%
Analyst target 270

Risk Reward Ratio pretty attractive but i would prefer to wait after Earnings.

Trade active:

270 target hit.

Overall still looking good.
Can take some profit and let remaining roll..

Comment:

Healthy retracement.. Look for BoD re-entry