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Eli Lilly - Range breakout sets new all-time highs
Eli Lilly is a pharmaceutical company focused on neuroscience, endocrinology, oncology and immunology. Lilly's key products include Alimta and Verzenio for cancer; Jardiance, Trulicity, Humalog and Humulin for diabetes; and Taltz and Olumiant for immunology.
Chart technical outlook
The pharmaceutical giant is setting new momentum today with a new record high. The share is in the process of breaking out of the recently established trading range upwards. The company's securities have been trading below the record level and resistance of USD 802 for three months. Today the share was able to make a dynamic attempt to break out of this upwards.
In further development, new record levels of around USD 890 could be established. In chart terms, the former height of the trading range can be shown upwards based on market technology.
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