2026-06-05 Eli Lilly and Company

Despite opening strong and trending higher early in the session, the stock eventually succumbed to the heavy sell-off in the broader market and moved lower by midday. As a result, I exited my entire position.

2026-06-03 Eli Lilly and Company

The stock showed relative strength in the morning session, which suggested a potential continuation of the uptrend after the pullback, so I entered a long position. However, the late-session decline raised doubts about whether the upward momentum will continue.  Positives Price is above the 10, 20, 50, and 200 moving averages  Negatives There is resistance […]

2026-05-20 Eli Lilly and Company

After surging in early trading, the stock continued to decline throughout the day until last hour. Yesterday’s momentum failed to carry over, and despite the overall market being bullish, this stock showed relative weakness. As a result, I lost confidence in holding the position and decided to sell. However, the late-session rebound resulted in a […]

2026-05-19 Eli Lilly and Company

After pulling back, the stock regained momentum today, so I entered a long position.  Positives Price is above the 10, 20, 50, and 200 moving averages The MACD is gaining strength  Negatives The broader market is relatively weak.  Trade Plan Stop loss: Intraday low Target: $1,142.47

2026-05-13 Eli Lilly and Company

The stock broke out again after a pullback, so I decided to buy in.  Positives Price is above the 10, 20, 50, and 200 moving averages The MACD is positive. Stock broke through key resistance. 20 MA is crossing above 50 MA  Negatives The stock broke out, but without strong volume.  Trade Plan Stop loss: Intraday […]

2026-05-07 Eli Lilly and Company

After showing signs of weakness yesterday, the stock followed the broader market lower today. It hit yesterday’s low, so I exited the position.

2026-05-06 Eli Lilly and Company

Today, the stock showed higher volume but failed to move higher. Since I’m already holding quite a few positions, I sold half of my shares to reduce risk.

2026-05-05 Eli Lilly and Company

The price action somewhat resembles Strategy 1 — either a reversal after a downward move or a breakout following a period of sideways consolidation.   Positives Price is above the 10, 20, 50, and 200 moving averages It broke through a resistance zone. MACD is in positive zone  Negatives The stock price has broken out, but […]