The Long Investor
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$NVO
🕑 Added 2025-04-17 12:51:10 +0000 UTCA lot of members will be watching $HIMS PM right now and it is a chart that will be uploaded after the market opens, so we can see how the price action behaves.
But $NVO is also down -6.5% in the PM now, wiping $15 Billion from its Market Cap and the price action is losing the 0.65 Fib at $61 too.
I highlighted this already and the down side risk now after losing this level is the 0.78 Fib at $43, which would be showing enormous weakness but also value I believe.
I do believe $NVO is firmly in Wave C now and once support is found, this should be of interest to many members to add and build a position.
Right now, support still needs to be confirmed.
Comments
Crewz
Im DCA'ing heavily into NVO
Daniel
so many really solid companies having loads of their market cap wiped away. NVO seems like an easy money stock with a C/B at or under $50. I am watching for the downside to the .786 fib, plan to add once support is found to initiate a position here
