Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It comes under Healthcare sector & trades as “LLY” ticket at NYSE.
LLY is bullish in weekly & favors rally in (V) against 8.08.2025 low. It should extend rally towards 1054.6 – 1187.8 area within cycle from August low in 9 swings impulse. Buyers can enter the market in 3, 7 or 11 swings pullback, when reaching extreme area.
In weekly, it favors bullish impulse sequence as trading to ATH. It placed (II) at $64.18 low in November-2016, (III) at $937.96 high in August-2024 & (IV) at $623.78 low in August-2025 low. Within (III), it placed I at $129.48 high, II at $101.36 low, III at $966.10 high, IV at $775.81 low & V at $937.96 high. The wave III of (III) was extended nested wave showing highest momentum. The (IV) pullback was double correction. It placed w at $711.40 low, x at $935.63 high & y at $623.78 low. Each degree further subdivided in 3 or 7 swings.
LLY - Elliott Wave Latest Weekly View: 
Above $623.78 low, it favors rally in I of (V). It placed ((1)) of I at $770.38 low, ((2)) at $712.05 low & favors upside in ((3)). Within ((3)), it ended (1) at $864.35 high, (2) at $783.85 low & favors upside in (3). The (3) expects to extend towards 1085.9 before it may pullback in (4). It favors rally in 9 swings & expects two more swings after pullback start in (4). Buyers can enter the extreme area in pullback in 3, 7 or 11 swings against 10.17.2025 low. Next better opportunity can be II pullback after ending 9 swings impulse in I from August-2025 low.
LLY - Elliott Wave Latest Daily View: 
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now