Eli Lilly: Bearish Signals Loom Over Weight Loss Stock Ahead Of Q2 Earnings

Eli Lilly and Co LLY will be reporting its second-quarter earnings on Thursday. Wall Street expects $2.70 in EPS and $9.9 billion in revenues as the company reports before market hours.The stock is up 69% over the past year, and has gained 30% YTD.Let’s look at what the charts indicate for Eli Lilly stock, and how the stock currently maps against Wall Street estimates.Eli Lilly Stock Faced Potential Downside Risk Ahead Of Q2 Earnings…Eli Lilly’s stock is currently exhibiting a strongly bearish trend, as the ...