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EvergreenWealthAdvisor
Apr 1, 2024 11:03 AM

Investment Opportunity Novartis AG (short) Short

Novartis AGNYSE

Description

Wyckoff in Daily/Weekly timeframe, we can observe the price took the upside liquidity (bc) before breaking the structure downside.

I'm expecting the price to go back on my grey zone (supply) around 99 before continuing the bearish trend.

First target 88 (sc)
Second target 83 (demand zone)
I will leave the rest running and observe the reation in the demand zone around 83.

Upside risk (5.77%)
Downside profit (15% and more)

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