nexxtrade

WATCH $NVO BEARISH HINTS EVERYWHERE

Satış
NYSE:NVO   Novo Nordisk A/S
Bearish

Fundamental

- Highly inflationary Macro environment / Q3 earning going to disappoint sentiment
- Funds Distribution
- Decent PE
- Negative PEG
- Decent P/FCF
- Top Sector / Industry / Leader
- Definitely niche sector but with highly inflationary environment and hints of bearish below technical

Technical
- - Momentum Theory Indicator - bearish divergence
- Price action formation ( rising wedge )
- Price rotating clockwise
- Still above upward Trend line
- Still holding 200MA
- Above POC
- Holding ST
- MACD divergence


Entry idea

- For members


Stop loss depending on entry and risk appetite. But always set meaningful stops.

"all things are difficult before they are easy"

Cheers and happy trading!





Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.