$NVO - WATCHLIST -
Added 2025-04-29 14:32:25 +0000 UTCUp +2.5% after the partnership news with $HIMS but crucially showing a hold of support so far above the 0.65 Fib at $61 now.
I think this partnership is both good for $HIMS and $NVO, two stocks we give a lot of attention to in this group.
$NVO was concerned that they were losing market share to $LLY and $HIMS will help them deliver more of their product, $HIMS gets a cut too.
This is the weekly chart for $NVO but we want to see the start of a new impulse wave forming now but I believe this will have no issue making it back to its 200 WMA at $81 in the short term.
