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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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.