Eli Lilly (LLY) seems to be concluding a rebound on its 1W MA50 (blue trend-line) in a similar fashion as the November 2024 rebound. As shown then, the market needs a stronger Support before it calls a bottom and before the 1W MA200 (orange trend-line), we have the 2022 Higher Lows trend-line, which should be targeted in our opinion at $830.
If the Higher Lows breaks, we see a possibility of a 1W MA200 bottom around $750 but Eli Lilly shouldn't dip lower at this point of the generational Cycle. In any event, at $830, we will be turning into long-term buyers again, unless the 1W MA200 is materialized.
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If the Higher Lows breaks, we see a possibility of a 1W MA200 bottom around $750 but Eli Lilly shouldn't dip lower at this point of the generational Cycle. In any event, at $830, we will be turning into long-term buyers again, unless the 1W MA200 is materialized.
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。