DNUT Tightens Below $4.50 While LLY Extends Its Retracement

jfsrevg
12-10 16:35

1. $Krispy Kreme, Inc.(DNUT)$

ADR% has eased to 5.8% on the VCP, yet it continues to grind higher, showing further VARS. Price has been drifting sideways for the past 8 sessions while holding above the 10-MA, pushing toward its key major resistance level at $4.50.

All it probably needs is a high-RVOL day to be in play

2. $Eli Lilly(LLY)$

8 straight sessions of downside action since clinching 10 x ATR% from 50-MA.

This reinforces the core perk of swing trading: “Always sell some into strength”, which allows you to bank realized gains, dampen the volatility of what you’re still holding, and free up capital for the new wave of opportunities as the market evolves.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment