LLY is showing classic signs of a Stage 3 top after its massive multi-year run. The trend has stalled, and the stock is now in a volatile sideways range.Resistance: $975 Critical Support: $690
A weekly close below support would be a major bearish signal, potentially confirming the top and initiating a Stage 4 decline.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.