Chart of the Day: LLY Testing Prior Resistance

Following earnings, Wells Fargo raised its price target for Eli Lilly (LLY) to $1330. Kevin Horner looks at the past 90 trading days and sees a "well defined uptrend" in LLY's chart. He notes a range between $1095 to $1235 with shares clearing the $1110 level as prior resistance. He believes that could act as a new support level for traders to monitor.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about