$NVO - WATCHLIST -
Added 2025-05-02 09:15:58 +0000 UTCIn my last update 2 days ago, I said I was getting quite bullish here and there is a lot to be bullish about.
Strong partnership agreements and technically moving very positively.
Price is doing a good job at holding support on the 0.618 - 0.65 range and like I said in the group chat yesterday, a hold above $65 and I will add.
Price is already up +4.5% in the PM now to $68.50
$CVS have said they will be selling only $NVO's Wegovy and not $LLY's Zepbound....which is a big win for $NVO.
I believe $NVO returns to the 200 WMA at $81 and then the 200 Day MA at the 0.5 Fib at $102 next.
Bullish count is the 1.618 Fib at $271.
