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TheCryptagon
Oct 25, 2023 11:07 AM

ELI LILLY Next bullish phase starts. Target 670. Long

Eli Lilly and CompanyNYSE

Description

Eli Lilly / LLY stopped its short term decline yesterday a little over the 1day MA50.

The green 1day candle signals the start of the new bullish phase inside this double Channel Up.

The 1day RSI is on a similar pattern as August 3rd.

Assuming a declining rate of growth on each Higher High, buy and target 670 (+30% from the recent bottom).

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