Longer Term Trading Plans for LLY
- Buy LLY near 682.2 target 768.53 stop loss @ 680.23
- Short LLY slightly under 768.53, target 682.2, stop loss @ 770.75
June 22, 2025, 00:16 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy LLY near 682.2 with an upside target of 768.53. This data also tells us to set a stop loss @ 680.23 to protect against excessive loss in case the stock begins to move against the trade. 682.2 is the first level of support below 762.73 , and by rule, any test of support is a buy signal. In this case, support 682.2 would be being tested, so a buy signal would exist.
The technical…