Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
LLY is showing interesting structural developments at $1039.31. With a last close of $1039.31, volatility remains active (2.01%). Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.43x avg) with moderate trend strength (36.1). A potential breakout level is identified at $1045.57, targeting $1242.09 with support near $947.31 (R:R 2.0).
What is your outlook on LLY?