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Benzinga

Business

Mark Putrino

Stock Of The Day: Another Breakout For Eli Lilly?

LLY Eli Lilly Co NYSE

Eli Lilly and Company

Trading is quiet in Eli Lilly and Co (NYSE:LLY) on Thursday. The stock has stalled out at a resistance level.

Resistance can form in markets because of regretful buyers trying to exit positions at breakeven. Eli Lilly is the Stock of the Day because its chart shows examples of this.

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