vf_investment

LLY trading inside the channel

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BATS:LLY   Eli Lilly and Company
Let"s have a look at LLY chart on the 4 hours time frame. LLY has been in upsloping channel. And the price has been creating higher lows and higher highs. We expect the price to retest upsloping support and to continue the upward trajectory. The long position can be taken at the upsloping support and target would be at the upsloping resistance.

Good luck

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