Looking for a stock that had strong momentum before but has slowed down over the past year? One that’s now trading near the bottom of its consolidation range, with about a 30% drop from recent highs? LLY fits that description pretty well.
Based on its pattern, it looks like there’s a good chance it could bounce back toward $970, offering 20–30% upside in the next six months.
Based on its pattern, it looks like there’s a good chance it could bounce back toward $970, offering 20–30% upside in the next six months.
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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.