The LLY (Eli Lilly & Co.) swing trade bounce where expected* (off the initial tag of T1) & now offers an objective new short entry or re-entry here at the gap backfill, for those that booked the quick (<1-day) 9% profit at T1. Suggested stop for an entry or re-entry here on a daily close above 834. Previous (Aug 7th pre-market) & updated daily chart below.
LLY daily Aug 7th
LLY daily Aug 28th
*Solid arrows always denote my primary scenario, with dotted arrows the alternative scenario (but ultimately taking the stock to the same place). Arrow breaks denote likely reaction points.