WDERUVE

NVS retracing

Long
NYSE:NVS   Novartis AG
I can see this scenario playing out. A full ABC correction bringing us to a .5 retrace then a nice push up back toward 90. This one seems to be running up on news along in the short term. I am still holding my Fall expiring call options at a $100 strike. in the red right now, but no reason to dump yet.

Holding for now, and might even rebuy once i see the correction waves complete an we start heading back up.
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