Eli Lilly & Co., Elliott Wave Technical Analysis
Eli Lilly & Co., (ELI: NYSE): 4h Chart 24 January 24
ELI Stock Market Analysis: Here we are looking at a potential bottom in place in wave (ii) as we are now looking for continuation higher. Looking for further upside and a break of wave b for confirmation.
ELI Elliott Wave Count: Wave i of (iii)
ELI Technical Indicators: 20EMA as support.
ELI Trading Strategy: Looking for longs after a break of b.
TradingLounge Analyst: Alessio Barretta
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Eli Lilly & Co., ELI: 1-hour Chart 24 January 24
Eli Lilly & Co., Elliott Wave Technical Analysis
ELI Stock Market Analysis: Here’s the alternate count, with a more conservative view and wave (ii) still in the making, suggesting we are missing one more leg lower before resuming higher.
ELI Elliott Wave count: Wave b of (ii).
ELI Technical Indicators: 20EMA as support.
ELI Trading Strategy: Looking for a development of wave (ii).
