BIG BEARISH DIVERGENCE IN THIS STOCK, The fall was led by SUPPLY CHAIN ISSUES on one of best selling product lines "Wegovy", but the product it self is not the challange.
I BELIEVE THE FALL WAS MORE BASED ON TECHNICALS THAN FUNDAMENTALS. AS THIS STOCK RARELY SEES ANY BIG DROP LIKE IT DID, THE DRAWDOWN ON THE DAILY WAS ALMOST 17% AND CLOSED THE DAY AT -11% WHICH...
Another impulse done and dusted. Divergent, now looking out of steam.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
The PEAD projected a Bullish outlook for $NVO after a Positive under reaction following its earnings release placing the stock in drift A.
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Today NVO got over resistance and did not look back. I noticed some bullish sweep call flow today that caught my attention. The 2022 dated calls had a low OI. It gapped up today at open with strong conviction. I am planning on entering a trade at a dip near today's gap placing the 2.618 as a target. I'll be looking at the 78-80 area as a possible stop loss in case...
With the rise of obesity in wealthier countries, comes a FDA approved solution.
There has been a Ichimoku Cloud break, Green Clouds and a Channel Break upwards.
The PEAD projected a Bullish outlook for $NVO after a Negative Under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
The PEAD projected a bullish outlook for $NVO after a negative under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
