ELI LILLY Final macro correction before a $1700 rally in 2027.Eli Lilly and CompanyBATS:LLYTradingShotAlmost 6 months ago (March 10, see chart below), we gave a strong Sell Signal on Eli Lilly (LLY) while it was marginally above $1000, targeting $850: The price reacted immediately, hitting along with our Target, the 1W MA100 (red trend-line). It naturally rebounded (to last month's All Time High), as that has historically been the market's first Support level before the ultimate one of 1M MA50 (blue trend-line). This rebound continues to repeat the 2016/ 2017 fractal, which in Q2/ Q3 2017 it hit the 1W MA100 before the final rebound (similar to the recent one), eventually make one last pull-back to the 1M MA50 (blue circle) like it did in November 2016. Eli Lilly had a near 1M MA50 pull-back on the August 2025 Low and if the pattern continues to be repeated, expect a new correction to the April 2026 Low, below the 1W MA100 this time. A $855 mark would be marginally above the former (blue) 0.5 Fibonacci. It doesn't have to be that low, however if the 1M RSI hits a similar Higher Lows base, that would be our new Low and the new long-term buy opportunity. On the long run, our Target is the 1.5 Fibonacci extension at $1700 as it happened in March 2019. --- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πΈπΈπΈπΈπΈπΈ π π π π π π