LILLY ELI & CO

LONG LLY

12.04.17 Multiple Signals of a potential TOP from my dTFIs on the WEEKLY chart Caution...

I am looking for a rebound on this stock, to climb higher.

Multiple Signals of a potential TOP from my dTFIs on the WEEKLY chart Caution...

it can be a pullback to strong s/r zone uptrend... buy after bullish candle above the support

uptrend ... the last candle was good bullish one but enter after closing above zone

LLY TP@81 SL@73

Possible move to 75.5

may go to testing 72 and 76 if standing above 67.85 (Let count 2 and 3)

We have NYSE:LLY stuck in a triangle. The tip of the triangle and falling volume indicate that we should have a breakout in a couple of days. In my opinion, it is highly likely that the price will break down. Anyway, we have a chance of $4.8/share profit in here, lets see.

This stock has been in a correction for about a year now and it looks like it is not done yet. Looking to the price history on the left we can see that we could soon hit strong support starting from $60.00 which is basically the top of a $48-60 price channel. So I would be looking to buy anywhere below $60 if we re-enter that channel (yellow box). I don't expect ...

near to correction ending...... strong support . waiting for bullish candle .. buy

LLY forming a potential head & shoulder. Break below 82 will be good to enter in to a short trade. There are weakness in weekly frame as well.

The company announced that it plans to make available on the market 20 new drugs in the coming years, with even the possibility of seeing approved new indications for products already authorized. The therapeutic areas in which the company is engaged are diabetes, oncology, immunology, neurodegeneration and pain therapy. P/E 34.41 Forward P/E 18.90 Yeld: 2.72%

LLY

Bounced off key fib level and put in an inside week. Long over last week's high, short below it. Good risk/reward either way IMO @twinstrader

Could leg into this trade. 1/2 at 77.66 1/2 an R at 79.26 (if it pulls back to that level today or tomorrow) However LLY looks like a nice H&S pattern. 200 SMA is a target. LLY doesn't have to break through that. However, if it does, 68.72 makes a lot of sense. 8/26/15

but if you missed, notice it does not like to sty outside of BB's and overbought together,