Novo resources in wave (3) of wave 3, could see new highs soon

TSX:NVO seems to have completed it's wave (2) of 3 correction, has started its wave (3) of 3, the most impulsive and powerful wave.

The break above the $6.4o area would invalidate the most basic bearish count and a break above $6.80 would give credit to the bullish scenario.

This idea is valid as long as the key support of $3.80/$4.00 area holds.