The Long Investor
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$NVO - WATCHLIST
🕑 Added 2025-05-09 10:36:23 +0000 UTCUp again in the PM at +3.5% after pulling back to in between the 0.38 - 0.5 Fib range yesterday and we can see 3 waves in this formation too.
It is still too early to say that the pull back is complete as there is no higher high or higher low in yet
But I do like $NVO here and I believe it can move higher to $102 at the very least over the next few months.
Accumulating above $60 and under $70 makes a lot of sense here.
My bullish PT is $271 over the next 2 years.
Comments
CT
What are your thoughts on recent reports showing Eli Lilly’s tirzepatide (Zepbound/Mounjaro) surpassing Novo Nordisk’s semaglutide (Wegovy/Ozempic) in weight-loss efficacy, and the fact that Novo Nordisk depends heavily on its diabetes and obesity segment (93.6% of total sales)?
Michael Lucas
So am I. Nice commentary..
Adrian
I’m in!
