Jump to content

Eli Lilly & Co.(LLY) Elliott Wave Technical Analysis 31 January 24


Recommended Posts

LLY Elliott Wave Analysis Trading Lounge Daily Chart, 31 January 24

Eli Lilly & Co., (LLY) Daily Chart

LLY Elliott Wave Technical Analysis

FUNCTION: Trend

MODE: Impulse

STRUCTURE: Wave {v} of 3

POSITION: Minuette wave (i) of {v}.

DIRECTION: Upside into wave {v}.

DETAILS: Looking for further upside into wave {v} as we seem to have successfully broken the previous Elliott Wave triangle in wave {iv} and we seem to be finding support on 600$.

 

Technical Analyst : Alessio Barretta

 

d118a46de4006466df06a90311a95e51

 

 

LLY Elliott Wave Analysis Trading Lounge 4Hr Chart, 31 January 24

Eli Lilly & Co.,( LLY) 4Hr Chart

LLY Elliott Wave Technical Analysis

FUNCTION: Trend

MODE: Correction

STRUCTURE: Wave (ii) of {v}.

POSITION: Wave b of (ii).

DIRECTION: Downside into wave c of (ii).

DETAILS: Ideally looking for one more leg down into wave c of (ii) to then look for upside resumption.

 

f67c97307cdc4b516dba9860ff993d1d

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Avail, founded by former Polygon co-founders Anurag Arjun and Mihailo Bjelic, is a groundbreaking modular blockchain project that aims to overcome the limitations of traditional blockchain networks. Launched in late 2020, Avail offers a versatile platform for trust-minimized applications and sovereign roll-ups, providing a secure and scalable data availability layer with customizable consensus. At the heart of Avail's innovation is its Unification Layer, which comprises Avail DA, Nexus, and Fusion. This tripartite approach addresses key challenges in blockchain scalability, interoperability, and security, positioning Avail as a key player in the evolving modular blockchain landscape. Avail's Data Availability (DA) solution stands out with its low-cost, expandable blobspace, enabling numerous rollups and supporting the development of application-specific and general-purpose decentralized applications (dApps). By offering opt-in data availability services for rollup networks, Avail provides a more cost-effective alternative to Ethereum for data storage, making it an attractive choice for developers and projects. The AVAIL token serves as the backbone of Avail's ecosystem, offering users the ability to stake and earn rewards, as well as participate in the project's governance. As Avail continues to evolve, the AVAIL token will play a crucial role in shaping the future of this modular blockchain. For Crypto enthusiast exploring the potential of the AVAIL token and Avail's innovative solutions can be a rewarding opportunity. Bitget's pre-market trading feature allows users to get early access to emerging projects like Avail, giving them the chance to be at the forefront of the modular blockchain revolution. By taking advantage of the exchange pre-market trading, users can stay ahead of the curve and potentially benefit from the growth of Avail and the AVAIL token.
    • Eager to dive into cryptocurrency trading? NakitCoins presents its advanced multi-crypto ATM, streamlining the process of buying and selling bitcoins with unparalleled efficiency. Focused on both security and precision, our platform provides a low-risk transaction environment through our robust monitoring systems.
    • Hi AshishIG, thanks for the quick response. Indeed, I don't see the CTC for 2024, I only see the 'Cost and Charges' document for download.
×
×
  • Create New...
us