LLY MACD and RSI curving up. 50EMA now sloping upwards. Price has slightly broken out of the descending channel. If we get rejected, back down to mid-to-low $700's. If we continue higher, then we'll retest previous highs and beyond ($1000+)
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LLY MACD and RSI curving up. 50EMA now sloping upwards. Price has slightly broken out of the descending channel. If we get rejected, back down to mid-to-low $700's. If we continue higher, then we'll retest previous highs and beyond ($1000+)
LLY 🔍 Setup OverviewEli Lilly & Co. (NYSE: LLY) — playing the pullback to breakout swing trade with our signature Thief layering strategy. Multiple limit entries, confirming accumulation & weighted-moving average breakout / retest.
🚀 Trade Plan
Bias: Bullish pullback → breakout continuation
Confirm with:
Accumulation zone demand
Momentum / volume increase
Break & retest of weighted moving average (WMA or EMA)
🎯 Entry Strategy (Thief Style Layers)
We’ll enter via staggered limit orders across multiple price levels to average in and scale position:
Entry Layers @ $780, $800, $820, $840 (adjust number of layers based on your size)
You may add higher or lower layers per your risk profile
Total position will gradually build as price dips into each layer
🛑 Stop-Loss (SL)
Thief-style SL: $760
Note: Dear Ladies & Gentlemen (Thief OG’s): I’m not prescribing your SL — you must choose your own. Trade at your own risk.
🧭 Target / Take Profit (TP)
Primary Target: $920 — corresponds with ATR resistance zone, overbought threshold, potential trap level.
Note: Again, I’m not telling your TP — always set based on your own risk-reward and appetite.
🔗 Related Instruments to Watch
Here are some correlated or interesting tickers to keep an eye on together with LLY:
PFE (Pfizer) – peer-pressure in pharma / biotech sector
MRK (Merck) – similar sector reaction on FDA / earnings news
SPY / XLV – broader healthcare / sector ETF correlation
XLE or USO (for energy links) — just to monitor macro-risk flows
NVDA / AMD — for risk-on moves in general equity sectors
Key Correlation Points:
A strong bullish push in XLV or SPY may lift LLY along with sector strength.
Weakness in PFE or MRK on drug / regulatory updates may drag LLY on sentiment too.
Broader market pullbacks may test our layering entries — use them as confirmation zones.
LLY boo yeah!!!!
LLY Whoa that $833 wick...
LLY NVDA news didn’t move this?LLY Opened a new position. Partnering with NVDA to develop a super computer to speed up drug development? I'm game for this.
LLY risky play here but $830 target if this mini uptrend holds
LLY based on the thin wicks, my last mind predicted correctly that we would see $790-$750. Of course it could have continued higher past $850, but trump tweets can cause candles to print if you believe hard enough it appears
LLY maybe healthcare will be in a bear market for 3 years lololol