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Eli Lilly & Co., Elliott Wave Technical AnalysisEli Lilly & Co., (NYSE: LLY): 4h Chart 28 November 2023LLY Stock Market Analysis: Looking for a triangle in wave (b) as we seem to be near the end of the correction. There is a potential head and shoulder pattern which would furthermore confer the count. LLY Elliott Wave Count: Wave (b) of {iv}.LLY Technical Indicators: Below 20EMA.sLLY Trading Strategy: Looking for shorts into wave (c) on 580$ tested resistance.Analyst: Alessio BarrettaEli Lilly & Co., LLY: 1-hour Chart 28 November 2023Eli Lilly & Co., Elliott Wave Technical Analysis LLY Stock Market Analysis: Looking for a further continuation lower, with invalidation level standing at 625$. LLY Elliott Wave count: Wave e of (b).LLY Technical Indicators: Between averages.LLY Trading Strategy: Looking for shorts into wave (c) on 580$ tested resistance.
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