CFD Trading – Buy Eli Lilly & Co (LLY.NYS) @ $324.00. Stop @ $312.00 and Target @ $347.00.

Eli Lilly & Co Stock Code LLY.NYS


Price broke and closed above a previous 52-week high in the previous trading session. Price also broke above a V-shaped Ichimoku reversal in the previous trading session as well. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD is bullish and is hinting at a bullish price trend. We think price is likely to move higher to the Ichimoku V shaped price projection target at $347.10 in the next 2-3 weeks.


$324.00                Buy

$347.00                Price Target

$312.00                 Risk Management Stop

3 weeks              Trade Duration

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