LLY - Losing Weekly High and Potential Monthly Retrace?
Just observing.
Looks like LLY is in a major distribution phase and for the first time in a long time is losing the weekly uptrend. Could still hold here at current price but we could potentially see a sharp retrace in a end of year sell off.
I would view this as an opportunity to enter.
Just posting for my own records.
Looks like LLY is in a major distribution phase and for the first time in a long time is losing the weekly uptrend. Could still hold here at current price but we could potentially see a sharp retrace in a end of year sell off.
I would view this as an opportunity to enter.
Just posting for my own records.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.