VERY NICE PROFITS ON ELI LILLY – EXCITEMENT OVER ALZHEIMER’S AND WEIGHT LOSS DRUGS
By Nigam Arora & Dr. Natasha Arora
Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term.
Very Nice Profits
The power of buy zones is on display. Pharmaceutical company Eli Lilly (LLY) stock fell in the buy zone for aggressive investors not that long ago. The average buy price is $318.45. It has quickly moved to $435.79 as of this writing.
Drivers
There are two drugs driving Eli Lilly stock higher:
- Investors are excited, anticipating mega blockbuster drug Mounjaro.
May 17, 2023