ELI LILLY Needs to correct a little more. Massive buy after.

Eli Lilly has completed 3 red weeks in a row. The parabolic rise it is seeing for years is seen accurately on this Fibonacci Channel.
Every such price peak, pulled back to under the MA100 (1d), which is now at 492.43, in order to gather buyers.

Trading Plan:
1. Sell on the current market price.

Targets:
1. 490 (between the MA100 (1d) and the Fibonacci 2.0 level.

Tips:
1. The MACD (1d) is just formed a Sell Cross. Only once since 2018 has a Sell Cross failed to deliver a sizeable drop.

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