Eli Lilly's Stock of the Day
This is a news story, published by Yahoo Finance, that relates primarily to Eli Lilly news.
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stocksBenzinga
•When stocks rally, they tend to run into resistance if they reach a price level that had been resistance before. Here's why this happened with Eli Lilly and Co
53% Informative
Eli Lilly hit resistance when it reached the $ 955 level in July .
Then after a sell-off and reversal, it ran into resistance again at the same price in August .
Many of the people who bought Lilly when it was at resistance in July regretted their decision to do so when the price moved lower.
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