Eli Lilly: first target hit, highs still holding out

Eli Lilly is in week 5 of a buy signal, up 9% since entry: the first target of our most advanced model has already been hit. The setup quality index at 49 out of 100 reflects an ordinary phase; signal strength at 66 out of 100 signals medium conviction. The trade ranks 50th among the 141 open long positions for US stocks. The historical highs in the 1,170–1,183 area remain the key resistance to clear.