ELI LILLY and Company -LLY- Long - Bulissh Divergence and Tail
Bullish divergence on the weekly and on the daily I see a missing right shoulder bullish divergence.
After this strong price recejection, I expect a move up at least to this projected target zone. From there on, it could move up even more, but the trade is here to find a nice exit and perhaps reenter, or partially stay in this trade.
If the reversal looks real solid, I might stay in the trade and setup a trailing stoploss.
Entry will be around 110, but I first will see how the market opens on monday.
Entry: 110.20
Exit: 117-120
SL: 105
R/R: 1:1,4 up to 1:2,0
After this strong price recejection, I expect a move up at least to this projected target zone. From there on, it could move up even more, but the trade is here to find a nice exit and perhaps reenter, or partially stay in this trade.
If the reversal looks real solid, I might stay in the trade and setup a trailing stoploss.
Entry will be around 110, but I first will see how the market opens on monday.
Entry: 110.20
Exit: 117-120
SL: 105
R/R: 1:1,4 up to 1:2,0
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.