Novo Showing Bullish Signs
Hello everyone, happy Sunday. Today I am presenting my "cup and handle" bullish pattern on NYSE:NVO. From a technical perspective, the stock has shown a typical cup pattern with resistance, and I expect a handle to soon form before a bullish continuation upwards. Currently in with 75 shares around $133, will add to 100 shares scalping along the way down the handle if it occurs.
Side note, very bullish on this company fundamentally for the next few quarters, will most likely hold shares beyond this near-term idea.
Side note, very bullish on this company fundamentally for the next few quarters, will most likely hold shares beyond this near-term idea.
Note
Trade looking great so far, still long.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.