Stock Of The Day: Is The Eli Lilly Selloff Over?

As you can see on the chart, in April 2025 when Eli Lilly reached the $890 level, it hit resistance. A reversal and move lower followed. When this happened, many of the traders and investors who sold were glad they did.But in October, the stock rallied. The resistance broke. Many investors who were happy when they sold changed their minds. They decided that selling was a mistake.Many of these disgruntled sellers vowed to buy their shares back if they could eventually get them at the same price they were sol ...