I hope you appreciated my rhyme. So what to say about this. One main trend line at the moment. Big support incoming at 580 to 560 range. Really big support at 108. The lines in the middle (light green and red) are fairly weak and more likely short term targets. I assume the long term targets will line up well with the gaps which are marked in orange. Orange...
#ELILLY is swinging up and down. so it is time to go down? one of the best performers among the us stocks.
Eli Lilly Oversold on the Monthly RSI. RSI and MacD are both indicating bearish divergence. Repeat on Head & Shoulders Pattern Stock trading at 50x of earnings (forward P/E is 20), PEG ratio of 3.50! Price is 9x book value. High Risk to Reward Ratio 3.8 to 1 with a large stop of $5.50 6:1 or better with a stop above the swing high Target 1:...