The Long Investor
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$NVO
🕑 Added 2025-05-06 20:06:26 +0000 UTCTw0 possibilities here:
1. $NVO continues higher to the 50 Day MA at $72 and completes this Wave 1 bounce and then pulls back for Wave 2
or
2. The pull back has started and we are watching for a hold of support on the green lines as shown.
The chart reflects Scenario 2 right now.
I am keen to add here again, so I will be all over $NVO this week to get the right entry.
Right now, I am watching for a 3 wave pull back to in between the 0.5 - 0.618 Fib to hold to add again.
