Elan is making another bullish Alpha candle today.Stop loss is around 11.20-11.60 range. Target could be 14.60 This gives 1:2 risk/reward ratio. BullishLongby findalphas0
Bearish AlertThe hourly chart sees a bearish alert with Bearish Crossover. The first in a while. Price Action looks interesting with a trible bottom at 11.46Shortby TizyCharts0
ELAN reverse to mean tradeDespite negative analyst reviews, ELAN managed to beat EPS and Revenue expectations and prove again that it will fight for market share. Demand in the stock picked up for the last 2 weeks and a return of the stock price to its 200ma has a high probability to happen. Do your homework and watch your risk.Longby alpha625394
Elanco (ELAN) Short Setup Idea with Profit TargetsElanco is looking interesting for a short if it doesn't close above this range. Not financial advice.Shortby MicDrop5Updated 2
$ELAN can rise in the next daysContextual immersion trading strategy idea. Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for companion and food animals. The share price rose after the Hedge fund Sachem Head Capital Management has built a $1.2 billion stake in $ELAN. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position from $32,13; stop-loss — $30,44. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Longby KozakHlibUpdated 2
BUY to ELANCO ANIMAL HEALTH DailyHey investors, ELANCO ANIMAL HEALTH is in a high configuration with high purchasing volume but we notice in the session there are higher volume of sales and buyers' readjustment. So we can admit that its going to go upwards it is located on a trend support that we will leave to breakout the consolidation zone, we see a bullish gap on the daily. lt is plausible that have the height to seek to breakout again to be on the next high point. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd0