HI matt, LLY looks vulnerable to me, NVO has corrected, insider
selling at LLY......seems more info coiming out on serious side
effects to ozempic etc......very sware danger on premature shorting
but have you any thoughts on long duration put on LLY?
bosco- on LLY, price is over the 50, 20, 9 MA's, so that's a
support area. Price is testing a downtrend resistance line
currently where it's finding resistance. Maybe that is a
high, or maybe simply causes a temporary pullback, too early to
say, the 60 min chart looks fine
the second image shows LLY with my cycle indicator and various
time frames
RRGB very nice, one of the only long ideas I put out last night
Posted by matt on 10th of Oct 2024 at 12:15 pm
RRGB - Chart Link- I hardly added any trade ideas last night, but what I put out worked, like this RRGB
HI matt, LLY looks vulnerable
Posted by bosco on 10th of Oct 2024 at 12:19 pm
HI matt, LLY looks vulnerable to me, NVO has corrected, insider selling at LLY......seems more info coiming out on serious side effects to ozempic etc......very sware danger on premature shorting but have you any thoughts on long duration put on LLY?
bosco - on LLY, price is
Posted by matt on 10th of Oct 2024 at 12:26 pm
bosco - on LLY, price is over the 50, 20, 9 MA's, so that's a support area. Price is testing a downtrend resistance line currently where it's finding resistance. Maybe that is a high, or maybe simply causes a temporary pullback, too early to say, the 60 min chart looks fine
the second image shows LLY with my cycle indicator and various time frames
Thx!
Posted by bosco on 10th of Oct 2024 at 12:46 pm
Thx!