There are several aspects to this chart- the wave analysis is certainly up for debate, but what remains is improving fundamentals.
On this chart we have a corrective sequence ABC starting in 2014 and concluding in early 2017. On this chart, we can see the 30 day MA volume skyrockets in the beginning of 2017. This corresponds to the timing of the Obama...
NVO scored high on my picking software, mostly due to its good fundamentals. I look forward to see how the stock will perform in the future. Tradingview indicator shows 10 indicators to sell and 4 to buy.
- in sync with the broader market, topping pharma stocks demonstrate major divergences shown in chart
- I see confirmation on W frame in form of bearish engulfings and overall look and feel of the pattern
TRADE DURATION and PROFIT TARGET
- as a target I will be looking at least for 100% distance of the...