Watching Eli Lilly push right into major round-number territory as buyers keep control.
$LLY is trading around 1395.0, flirting with that 1400 psychological mark after strong post-earnings momentum.
Key levels on the radar:
• First upside focus sits at 1415.0, with an extended look toward 1440.0 if the tape stays heavy on buy volume.
• Support on pullbacks is marked at 1375.0, with deeper cushion down near 1350.0.
What changes the thesis:
Slipping back under 1375.0 would show momentum stalling and prompt a quick step aside to rethink the push.
CrowdWisdomTrading shared this intraday momentum look as money rotates toward mega-cap health leaders.
#StockMarket #Trading
Educational research, not personal advice. You place the trade. Not a trading instruction. DYOR.
$LLY is trading around 1395.0, flirting with that 1400 psychological mark after strong post-earnings momentum.
Key levels on the radar:
• First upside focus sits at 1415.0, with an extended look toward 1440.0 if the tape stays heavy on buy volume.
• Support on pullbacks is marked at 1375.0, with deeper cushion down near 1350.0.
What changes the thesis:
Slipping back under 1375.0 would show momentum stalling and prompt a quick step aside to rethink the push.
CrowdWisdomTrading shared this intraday momentum look as money rotates toward mega-cap health leaders.
#StockMarket #Trading
Educational research, not personal advice. You place the trade. Not a trading instruction. DYOR.