Short
Novozymes - limited upside
$OMX:NZYM_B has hit significant resistance and is likely to dip/consolidate at current levels until earnings in mid August which will give the stock some direction. Notations on the chart (neutral/bearish).
Note
NZYM currently down -2.25% since bearish call.Remember to do risk management upon earnings in 9 days.
Trade closed: target reached
Disappointing earnings. Target hit.
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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.