Novo Nordisk A/SLong
NVO presents an opportunity
NVO has been getting absolutely slaughtered lately, I cannot help but be more bullish than ever on this. The stock falls deeper into the long-term demand zone. Stocks usually bottom on bad news, this is the market pricing the stock in as more and more bad news comes down the road. A final blow is given, and the market realizes the fundamentals do not match the price. This will happen for NVO. BBWP needs to cool off here, the stock needs to consolidate. Stochastic has reset.
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.
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.