The Long Investor
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$NVO
🕑 Added 2025-03-28 14:03:55 +0000 UTC$NVO has not been able to hold support on the 0.5 Fib for Wave A after a number of a negative announcements came through, however the biggest concern seems to be the market share being lost to their biggest rival $LLY and their popular Wegovy Ozempic drug.
As always, when a Fib support level is not held then the next support level comes into play, in this case it is the 0.618 Fib at $66.
I still do not consider that Wave B has come in yet so I would still expect this next once support is found for Wave A.
Comments
David Köster
Thank you for the Update!
Ghulam Murtaza
Thanks cap
John Keys
Thanks for the update, Cap!
Crewz
Thanks! Pretty crazy with the drop, but loving the value at this price
