N1VO34 trade ideas
Novo Nordisk - Decision between two channelsNext months will show, where Novo Nordisk is heading. No position yet.
$NVO with a bullish outlook after its earnings #Stocks The PEAD projected a bullish outlook for $NVO after a negative under reaction following its earnings release placing the stock in drift D
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Novo Nordisk as of 6.12.2020My analysis of Novo Nordisk as of 6.12.2020
With the current recommendation for "buy" with my eyes (short term)
$NVO with a marginal negative earning release.$NVO posted marginal negative earning as the PEAD is projecting a slight bullish outlook for the stock with the price currently trading around the median line.
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Novo Nordisk UpdatedThe last anaylsis of Novo Nordisk was successful at its prediction. Heres an updated one of where i see it in the short term future
I Recommend SELLING Technical indicators( candles ; volume ; ligne ; fbonaci ..) indicate a decline in the market during the next week; I advise you to sell and wait for the next buying signal
Time for Novo Nordisk to break out?Let's wait and see if Novo Nordisk breaks out. Time always tells.
NVO showing weakness in short termPrice action near $57.5 will determine where it will go next.
- it has shown strength when breaking through $57.5 on larger timeframes
- NVO is a buy
- A pullback to $57.5 would be a good long entry point, provided that there are no heavy sell off during this pullback.
- new ATH likely, given some time.
