LLY Long, Gap into demandAfter sideway Consolidation;
Gap into demand.
Price is near the distal line .
Entry 134
Stop 132
Target1 157; reward:risk=11:1
Earning date 10/27/2020 6 AM
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
LLY trade ideas
LLY Neutral, Sell put at next supportLong term uptrend
Sideway, near bottom
Trendline break and re-test.
Stock trader needs to wait. 10/27/2020 Earning, it may gap to the demand zone.
Entry 142
Stop 139
Target 157; reward:risk=5:1
Option trade: Sell put at next support price.
Close this position before 10/27/2020 Earning.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.