LLY (Eli Lilly & Co.) - Slight pull-back then bullish finish
Eli Lilly and Company
Eli Lilly and Company is a global healthcare leader that unites caring with discovery to make life better for people around the world. They were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and they remain true to that mission in all their work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given a fall in price
- Looking for a lower Slo Stochastic signal on price pullback before entry
- Expectation for the price to then move to MID or HIGH point over the quarter period
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Eli Lilly and Company is a global healthcare leader that unites caring with discovery to make life better for people around the world. They were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and they remain true to that mission in all their work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given a fall in price
- Looking for a lower Slo Stochastic signal on price pullback before entry
- Expectation for the price to then move to MID or HIGH point over the quarter period
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
There was a small climb to first target, but overall disappointing, classified as unsuccessful for this reason