Eli Lilly may rise to 1094.00 - 1141.00

Our pivot point stands at 882.

Our preference

The upside prevails as long as 882 is support.

Alternative scenario

The downside breakout of 882 would call for 805 and 759.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 878.3975 and 887.0294).

Supports and resistances

1188 **

1141 *

1094 **

1049

950.53 (USD-last)

913

882 **

805 *

759 **

Number of asterisks represents the strength of support and resistance levels.