1. Our first confirmation is that the 21 moving average is very far away from the current price at $160. We can see a sharp pull back from the at $160.
2. The fib retracement has reached 1.161%, which is a massive gain for bulls forcing them to take profits.
3. LLY could fill the gap in the near terms, or come back in the future to give a chance to buyers from $140 - $155 to acquire the stock. If the market doesn't allow the buyers, then is considered somewhat inside trading.
4. Looking at the , we see a straight line up, and we call this a rubber band effect since there are high chances of it snapping back.
I would wait until the end of the market to do your best.