$LLY - RC -
Added 2023-09-15 19:48:31 +0000 UTC$LLY has shown incredible strength and this Wave 5 is one of the most extended waves I have seen and this is a company valued at $550 Billion, so to see movement like this, it is similar to how $NVDA behaved.
The 4.618 Fib goes as far as $625, remember how we have never seen a stock go beyond this point and how $NVDA managed to get stopped out at this point too.
An ABC correction is well overdue here and Wave 5 is giving the clearest indication that this will need to let off steam here as the price has gone vertical.
DO NOT CHASE THIS HERE.
Comments
So if we wanted to enter puts should we wait for a retracement back at 0.5 from the high to today’s low for wave 2?
Quy Nhi Nguyen
2023-09-15 19:57:08 +0000 UTCSerious numbers there Slim. Great work!! For sure. Rinse and repeat this!
Gareth Neary
2023-09-15 19:54:49 +0000 UTCFrom your previous chart I took Put at 601 yesterday for 585P. Wasn’t sure if it was really going for 4.618….600% gains today 💥💥 Will rinse and repeat next week. TY
SLim
2023-09-15 19:53:14 +0000 UTC
