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.
I bought NYSE:COTY two weeks ago at $18 and sold it after it formed a hammer around $20. Now, bought it again at the close when it formed a doji, I think it has a good chance of going back to $20 or $21.50 again, lets see.
Well, the NYSE:BUD ran the first stop at $111 and now at the second one, $102, it formed a doji. Also, the price is below the KC channel and in the extreme oversold territory. I think it is a good opportunity to long this for a price target of $110.
The falling trendline in this triangle has been touched numerous times and it all got rejected. I will be looking to see if it happens one more time and I will be entering for a short position for a target of $161 or $140.