NOVO NORDISK: recovering from sickness

The current market setup for Novo shows a clear consolidation within the larger trend structure, indicating key decision points ahead for traders. If the resistence breaks and stays over it the stock should have a good time. It could be that the price falls to DKK750-710 but should recover from this point on.

Thank you for taking the time to read my analysis. I look forward to hearing your thoughts.

Best regards,
Mattner.

• no investment advice