Okay, enough puns. LLY is trending along nicely from a huge base formation and there might be a continuation play possible.

The 6 year base (cup and handle) as shown with the monthly candle chart below has broken out I early 2014.


The weekly chart now shows some congestion along the way. If resolved to the upside, the arrow marks the first immediate target.


We can pinpoint the action on the daily chart.


This could be an opportunity for those already long to add more leverage. Final target 83 mark.