Eli Lilly and Companys stock price (LLY) rallied in latest intraday trading, managing to trespass the resistance of the 50-day SMA, and shaking off its negative pressure amid the dominance of the upward correctional wave in the short term, with negative signals emerging from the Stochastic after reaching overbought levels.

Therefore we expect more gains for the price, targeting the resistance of $860.50.

Todays price forecast: Bullish