SamSuka
The Long Investor
The Long Investor

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$NVO

A lot of members will be watching $HIMS PM right now and it is a chart that will be uploaded after the market opens, so we can see how the price action behaves.

But $NVO is also down -6.5% in the PM now, wiping $15 Billion from its Market Cap and the price action is losing the 0.65 Fib at $61 too.

I highlighted this already and the down side risk now after losing this level is the 0.78 Fib at $43, which would be showing enormous weakness but also value I believe.

I do believe $NVO is firmly in Wave C now and once support is found, this should be of interest to many members to add and build a position.

Right now, support still needs to be confirmed.

$NVO

Comments

Im DCA'ing heavily into NVO

Crewz

so many really solid companies having loads of their market cap wiped away. NVO seems like an easy money stock with a C/B at or under $50. I am watching for the downside to the .786 fib, plan to add once support is found to initiate a position here

Daniel


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