LLY bounce to $822 (+dividend)

15 nov

MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.

So...

Here's why I'm picking this symbol to do the thing.

Price at bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative
Price at or near 1.618 Fibonacci level
In at $752.25
Target is $822 or channel top
Stop loss is $746

15 nov

Trade attivo

I'M STILL HOLDING!

5 giorni fa

Trade chiuso manualmente

Price dropped below channels, headed for 3.618 fib extension at $637.
I'm out with a big loss.

l’altro ieri

Nota

"Price dropped below channels, headed for 3.618 fib extension at $637.
I'm out with a big loss." Clipboard comment from another time/symbol posted here. Operator error.

Despite LLY bouncing a bit, I did close this position.