Breakout play in LLY

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After taking my stop on my short of the QQQ this morning, I noticed LLY was just about to breakout after basing for most of the morning.  I entered on the 15 minute bar @ 71.69.  I was a little late with my entry but it did not matter as price took off rather nicely hitting several of my targets.  I had one add and reduce on my play and ended taking profits at a prior high of 72.40.  I held a small lot to the End of Day and trailed out of the play at 72.17.  A great play for the week which has been extremely difficult to find a profitable pattern.

LLY 12042014

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