yujingr

NVO showing weakness in short term

Long
NYSE:NVO   Novo Nordisk A/S
Price action near $57.5 will determine where it will go next.
- it has shown strength when breaking through $57.5 on larger timeframes
- NVO is a buy
- A pullback to $57.5 would be a good long entry point, provided that there are no heavy sell off during this pullback.
- new ATH likely, given some time.

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