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Stock Of The Day: Lilly's Strong Support Level Signals Potential Rebound
LLYLilly(LLY) Benzinga·2025-01-21 16:24

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 45billionandinvestorswerelookingfor45 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 ...