Eli Lilly & Company Stock Code LLY.NYS
Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover, and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud at the moment. MACD is bullish with both its lines above the zero line. We think price is likely to move higher to the resistance level at $362 in the next 2-3 weeks.
$362.00 Price Target
$335.90 Risk Management Stop
3 weeks Trade Duration