Stock Of The Day: Lilly's Strong Support Level Signals Potential Rebound

Shares of Eli Lilly and Company LLY are trading higher after getting pummeled on Friday. The move lower happened after the company announced preliminary sales that were less than expected. The sales were $45 billion and investors were looking for $46 billion.There's a good chance that the move lower is over. There is also a good chance that the stock is about to rebound. This is why our team of technical analysts and traders has made it our Stock of the Day.As you can see on the chart, there has been suppor ...