CFD Trading – Buy Eli Lilly And Co (LLY.NYS) @ $193.30. Stop @ $192.90 and Target @ $211.80.

Eli Lily And Co Stock Code LLY.NYS

Outlook
Price moved above the cloud two days ago and this could signal the end of a price correction and the resumption of an uptrend for the previous high.  Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment.  MACD is bullish and both of its lines are moving higher, hinting of a bullish price trend ahead. Price could be heading towards the previous high of $211.62 again within the next 2-3 weeks.

Strategy                  
$193.30              Buy
$211.80              Price Target
$192.90              Risk Management Stop
3 weeks              Trade Duration

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