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The Importance of Demo Accounts in Trading: Why They Are Indispensable
introduction
In the world of trading, getting into real markets quickly is tempting. But before risking real money,...
Read more
The rollercoaster of learning: My experiences with a demo account at cTrader
A journey marked by success and an unexpected lesson
The last three months of my trading journey felt like a winning...
Read more
Why a 1:500 trading account can maximize your profit opportunities
A 1:500 trading account offers higher leverage, which opens up huge profit opportunities for experienced traders. But...
Read more
AI Finance Association Europe x tegasFX: Trading Power for Members
The AI Finance Association Europe aims to provide its members with access to the best financial services and trading...
Read more
The Dangers of One-Sidedness: Why Traders Need More Than Just One Strategy
The Dangers of One-Sidedness in Trading
Are you new to trading or looking to expand your skills? 🚀 It may be...
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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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