wavepoint99

LLY - Rising Trend Channel [Mid Term]

Long
NYSE:LLY   Eli Lilly and Company
- LLY is in a rising trend channel in the medium long term.
- LLY has also received a positive signal from the moving average indicator, thus signaling a continued rise.
- LLY has broken up through resistance at 375.
- The short term momentum of the stock is strongly positive, with RSI above 70.
- Overall assessed as technically positive for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN

Verify it first and believe later.

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