Eli Lilly (LLY) Elliott Wave Analysis: Bullish Nest Structure Targets 1357.7

Elliottwave_Forecast
10-27 19:57

Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It comes under Healthcare sector & trades as “LLY” ticket at NYSE.

In daily, LLY favors rally as nest structure, while above 9.11.2026 low. Further upside above upper trend-line will confirm the view. Buyers can enter in 3, 7 or 11 swings against 9.11.2026 low. In weekly, it favors bullish impulse sequence as trading to ATH. It placed (II) at $64.18 low in November-2016, (III) at $937.96 high in August-2024 & (IV) at $623.78 low in August-2025 low. Within (III), it placed I at $129.48 high, II at $101.36 low, III at $966.10 high, IV at $775.81 low & V at $937.96 high. The wave III of (III) was extended nested wave showing highest momentum. The (IV) pullback was double correction. It placed w at $711.40 low, x at $935.63 high & y at $623.78 low. Each degree further subdivided in 3 or 7 swings.

LLY – Elliott Wave Latest Daily View:

Above $623.78 low, it favors rally in ((3)) against 9.11.2026 low. It placed I of (V) at $1133.95 high & II as zigzag at $850.51 low. It already shows higher high within August-2025 sequence. Within ((1)) of III, it ended (1) at $996.49 high, (2) at $943.26 low, (3) at $1182.73 high, (4) at $1079.22 low & (5) at $1249.45 high. It ended ((2)) in flat structure, where (A) at $1109.15 low, (B) at $1292.65 high & (C) at $113.29 low. Currently, it favors rally in (1) of ((3)) & expect one more push higher towards $1357.7 to extend 9.11.2026 cycle. Buyers can wait for (2) pullback in 3, 7 or 11 swings at extremes.

LLY – Elliott Wave Alternate Daily View:

Alternatively, the structure from August-2025 low can be diagonal as each high showing divergence. But this view only confirms, if it breaks below 9.11.2026 low. If it continue higher & erase the momentum divergence after breaking above trend-line, it should turn nest.

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Comment（4）

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  • zippyloo
    ·10-27 22:33
    Wave counts on a pharma stock feel flimsy. At 1287 with put call at 1.81, market clearly trusts fundamentals less than the pattern
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  • angeldevil
    ·10-28 01:22
    good strategy, hopes it help
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  • firstdaytrad
    ·10-28 00:44
    nice postttttttttttt
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  • Home Guard
    ·10-27 23:53
    Gogogoggogogogogoggogofo
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