
Eli Lilly's stock ($LLY) has seen significant trading activity, with a bullish reclaim at $800 and a target set at $860, influenced by Fibonacci's. The stock has been described as having swing potential and is being closely watched by traders, with notable activity around 5/12 curls. Despite an earnings miss, which has caused some confusion in the market, the company remains a significant focus. Eli Lilly addressed concerns about compounders affecting demand, stating that it is up to the FDA to decide on safety, but they are open to working with compounders. Additionally, Lilly has been mentioned as an early candidate for candle of the week.
$LLY BTFD is just a huge knee jerk reaction.
When asked if compounders are affecting $LLY demand: Eli Lilly: "We think it’s up to the FDA to decide if that’s safe or not, but we believe they (compounders) should be reaching out to us to work something out."
$LLY #tradingtips Why i gave 860 target from 800 psych curls Fibonacci's! Draw them on gappers from highs or lows or close to open what ever makes sense https://t.co/J6AqUCKkto

