Market Flash: $LLY 📊
Suggested Direction: Ranging/Sideways
Entry: 1180.17-1191.55
Stop-Loss Reference: 1174.48
Target Prices: 1197.72/1207.21/1219.06
Analysis: Our LLY price is at 1185.86. The EMA levels are 1183.32 and 1181.52. It looks a bit like a crossover, but it really doesn’t mean much, because the trend isn’t clear yet. The RSI is in the 70+ range—what does that mean? It’s basically just a reminder, not a definitive signal. So, this market is—one word—range-bound. Don’t chase the trade. If anything goes wrong, the stop-loss is at 1174.47, so risk control still has to be done properly.
Note: Suggested Stop-Loss: 1174.475744. Please adjust your position size according to your own risk preference.
#LLY
Suggested Direction: Ranging/Sideways
Entry: 1180.17-1191.55
Stop-Loss Reference: 1174.48
Target Prices: 1197.72/1207.21/1219.06
Analysis: Our LLY price is at 1185.86. The EMA levels are 1183.32 and 1181.52. It looks a bit like a crossover, but it really doesn’t mean much, because the trend isn’t clear yet. The RSI is in the 70+ range—what does that mean? It’s basically just a reminder, not a definitive signal. So, this market is—one word—range-bound. Don’t chase the trade. If anything goes wrong, the stop-loss is at 1174.47, so risk control still has to be done properly.
Note: Suggested Stop-Loss: 1174.475744. Please adjust your position size according to your own risk preference.
#LLY