LLY Bullish Breakout: Retest or Continuation Toward 950–1000Eli Lilly and CompanyBATS:LLYbbqgioEli Lilly (LLY) just cleared the key ceiling at 865 with a wide-range bullish day, closing near 896.53 and printing a session high at 901.34. The breakout resolves an ascending triangle and comes with expanding volatility and volume—classic continuation behavior in a dominant uptrend. With price above the 20/60/120-day MAs and bands widening, momentum favors the upside while acknowledging short-term overbought conditions. Primary path: treat 865–880 as the new Demand zone (polarity flip). A clean retest that holds this band and shows a bullish candle is a higher-probability entry, aiming first for 925, then the psychological markers at 950 and ultimately the measured move area around 980–1000. For traders preferring strength, a daily close through 902 would signal continuation in price discovery, using 880–865 as the first check on risk. If buyers fail to defend the breakout, a decisive close back below 860 invalidates the bullish thesis and opens room for a deeper shakeout. Until then, dips into 865–880 are potential buys, while strength above 902 can be used to add or initiate, with partial profit-taking into 950 and 980–1000 to respect the expanded volatility. This is a study, not financial advice. Manage risk and invalidations.