kgiap123

LLY - Weekly Chart BoD

kgiap123 Aggiornato   
NYSE:LLY   Eli Lilly and Company
Weekly chart shows second Buy on Dip signal near Resistance turned Support Zone and uptrend line at 220
Current price to support is around 12% (i.e 12% risk if to place your SL at below 220)
Strong and nice uptrend
FiFT Turned +ve

under Healthcare Tecnology Sector.
Earnings on 26 Oct BMO
ROE 102%, EPS this y 37%
Gross Margin 74%
Analyst target 270

Risk Reward Ratio pretty attractive but i would prefer to wait after Earnings.

Trade attivo:
270 target hit.
Overall still looking good.
Can take some profit and let remaining roll..
Commento:
Healthy retracement.. Look for BoD re-entry

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