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ELI LILLY & COMPANY
(LLY-NYSE):
Technical Viewpoint: From a low
of $83 7/8 on Jun 27, 2000 prices
rallied, reaching a
high of $109.00
on Jun 29, 2000. A
decline saw prices pull back, reaching a
low of
$91.56 on Jul 18, 2000.
Another rally saw prices penetrate
resistance, closing 7/18/00
at $100.50. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Jul 17, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $94 1/2. Resistance: Is at $104 3/8.
Point & Figure: Reversed to the upside on Jul 17, 2000. A P&F upside
reversal takes place at $96.00. Summary: Technical indicators have turned bullish. BUY! ELI LILLY & COMPANY
(LLY-NYSE) @ $101 1/4 Stop: Use a protective stop of $98 1/4.
ELI LILLY & COMPANY is currently trading @ $100.50 plus $2.03 on Jul 18, 2000. Price Objective:
$122.00. Risk/Reward: $3.00 VS. $20 3/4. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$122.00
Risk/Reward:
$3.00 VS. $20 3/4
Risk/Reward Ratio:
7:1
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