NVO: Oversold, But I’m Staying PatientYes, NVO has pulled back hard — from highs near $148 to the mid-$60s, now trading around $68.33. While this selloff may look oversold on many levels, I’m still avoiding the stock for now.
The broader market remains in a downtrend, and with macro uncertainty still front and center, I’m not eager to
Key facts today
Novo Nordisk plans to fast-track Wegovy's launch in India to rival Eli Lilly's Mounjaro, which has gained significant attention. Analysts suggest a pricing review for Wegovy may be necessary.
Novo Nordisk alerted consumers about counterfeit Ozempic injections in the U.S. The FDA seized these products on April 9, and Novo Nordisk is testing them for safety.
Novo Nordisk (NOVO_B) experienced a 2.5% increase in trading, contributing to the S&P Europe Select ADR Index's overall rise of 1.19% on Monday.
19.457 BRL
86.65 B BRL
249.17 B BRL
3.16 B
About NOVO NORDISK B A/S
Sector
Industry
CEO
Lars Fruergaard Jørgensen
Website
Headquarters
Bagsværd
Founded
1931
ISIN
BRN1VOBDR005
FIGI
BBG00XX9KCX6
Novo Nordisk A/S is a global healthcare company, which engages in the discovery, development, manufacturing and marketing of pharmaceutical products. It operates through the Diabetes and Obesity Care, and Rare Disease segments. The Diabetes and Obesity Care segment includes diabetes, obesity, cardiovascular, and emerging therapy areas. The Rare Disease segment refers to rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company was founded by Harald Pedersen and Thorvald Pedersen in 1923 is headquartered in Bagsværd, Denmark.
NVO, Rhyming with historical golden buy zoneUsing the Guassian Channel indicator on the monthly timeframe. We can see that in the past, after the price has significantly correct from its ATH of 50%+, price tend to reverse at the lower channel support(2times on chart) or at the upper support line ( 1 time on the chart)
Right now we are curre
3/27/25 - $nvo - obvious at $70... 10% size3/27/25 :: VROCKSTAR :: NYSE:NVO
obvious at $70... 10% size
- at btc conf in miami so have been hoping for a quiet week. well. whatever. another day in trumptopia. but alas, we can't tell the market what we want. so the game today is just don't make big mistakes and try and find interesting asymm
Novo Nordisk: 50% Drops Lead to Amazing GrowthFundamentals :
Take a look at NVO in 1999-2000, 2003, 2008, 2016 and June 20024-2025. Every time it dropped about 50%, that lead to a huge rally for years! NVO has secured contracts with Medicaid for their diabetes and other drugs. It is not going anywhere. It has fallen 50%. We either hold or buy
3/12/25 - $nvo - Hey now.. mr. mkt. i'll buy some3/12/25 :: VROCKSTAR :: NYSE:NVO
Hey now.. mr. mkt. i'll buy some
- i'm the first to tell you, i think pharma is rotton to the core
- but let's play the game here, emotions r a PnL killa
- sub 20x PE for 20-30% GROWTH?
- 4%+ cash yields
- EU's biggest co (and btw that's great orthogonal exposure
We are flipping resistance into support?Hey traders! 📈
Looking at these chart.
It seems like we broke resistance and might be consolidating above it.
Classic retest or fakeout? 🤔
What do you guys think, are we gearing up for a move toward TP1, or do we have the momentum to push straight to TP2?
RSI is cooling off, which looks more like
I am cautiously calling the bottom on NVOIt might be a bit early to call this a bottom, especially given the unpredictable market, but I’m noticing a few key signals aligning:
The 8/21 curl following a double bottom
A break above the 50-day SMA occurring on a red day like today
Momentum shifting positive and being released from a squ
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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