Get started
ContraryTrader

LLY

Short
Eli Lilly and Company (NYSE:LLY)  
ContraryTrader  
NYSE:LLY   Eli Lilly and Company
Trend Analysis
7
2
trendanalysis
Gapping up On Alzheimer results.


Stock has been up for 8 straight weeks. After breaking out of a broadening wedge

Weekly and daily RSI overbought

Outside weekly BBands

Nearing resistance around 430
snapshot


Wait for a rejection at or around trendline resistance.

Target -404 gap close
Stop loss 432
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.