Novozymes - limited upside
Updated
OMX:NZYM_B has hit significant resistance and is likely to dip/consolidate at current levels until earnings in mid August which will give the stock some direction. Notations on the chart (neutral/bearish).
Note
NZYM currently down -2.25% since bearish call.Remember to do risk management upon earnings in 9 days.
Trade closed: target reached
Disappointing earnings. Target hit.
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