ODFTrader

Novo Nordisk (ShortTrade in the Radar)

Short
ODFTrader Updated   
OMXCOP:NOVO_B   NOVO NORDISK B A/S
We'll see how it all plays out, I'll keep you updated.
Comment:
Novo Nordisk is not moving fast at all, but I still expect a drop in the price..
Comment:
Now we are in a sideways market for real.

Novo keeps going and hit previous top recently, but I still expect a drop in price before we see a bullish trend.
Comment:
I see changes in the structure- making a difference pattern but in the overall view I still see the stock drop to breach the previous low.
I’ll keep you updated if I see any changes.
Comment:
Novo has been on fire. I never got the short I expected... The is price action... that is trading.

Price dropped a bit @350 to 312ish, but never enough to take a short and also as I was following price action It kept giving bullish patterns.

Have a nice weekend...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.