My MVP system
M: rsi bottoming, rounded w a higher low
V: solid increase in vol
P: steep downward channel; could have nice pop to the upside; I would like the price better if it were forming a base instead of a steep down path, though price did hit a prior support/resistance zone
*Im wondering if NVO pops on earnings & then moves into a sideways range to form a new base
*If NVO drops on earnings, I’m even more interested for a lower entry as an investment
Bias: I don’t get into the weeds of fundamentals. However, I have a significant bias towards the GLP1 (and other peptides) industry. My background is in medicine.
Thank you.
M: rsi bottoming, rounded w a higher low
V: solid increase in vol
P: steep downward channel; could have nice pop to the upside; I would like the price better if it were forming a base instead of a steep down path, though price did hit a prior support/resistance zone
*Im wondering if NVO pops on earnings & then moves into a sideways range to form a new base
*If NVO drops on earnings, I’m even more interested for a lower entry as an investment
Bias: I don’t get into the weeds of fundamentals. However, I have a significant bias towards the GLP1 (and other peptides) industry. My background is in medicine.
Thank you.
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.