Eli Lilly & Company (LLY) has found that pharmaceutical markets around the world. It comes under the healthcare sector and trade trading as “LLY” tickets to the NYSE.
Lly is bullish in weekly adoption -next from all times low. It favors the rally on (V) after a double correction that ended at $ 677.09 low in April-2025 low. It favors the rally to proceed with (V) of ((III)) to $ 1155 or higher level against 4.07.2025 low. Further rally confirms above $ 972.53 high.
LLY – Elliott Wave Latest Weekly View
Weekly, it favors the rally within order from March-2009 low and expect another push higher to finish it. Weekly, it put (I) at $ 92.85 high on October-2015 & (II) at $ 64.18 low on November-2016. It completed the expanded (III) order at $ 972.53 high in August-2024 high and (IV) at $ 677.09 low as a double correction. Within (III), it put I at $ 130.75 high, II at $ 101.36 low, III at $ 966.10 high, IV at $ 747.55 low and V at $ 972.53 high. Below (III) high, it puts W as 3 swings at $ 711.40 low, X at $ 935.63 high and y at $ 677.09 low as (IV) at 4.07.2025.
Lly -elliott wave latest sunny view
Double correction in (IV) did not get the sun -shining extreme area with a small margin and higher. It ends ((1)) of I at $ 902.50 high and favor to pullback to ((2)) against 4.07.2025 low. Further upside will be confirmed above $ 972.53 high and can extend $ 1155 or higher levels. Short term, it favors bounce on (b) of ((2)), which may fail below 4.30.2025 high before (c) down against 4.07.2025 low. As long as it stays above 4.07.2025 low, it should remain supported and rally at the new high. Consumers may look to buy the next chance at 3, 7 or 11 swings, once it confirms the new high.
