Revising the head and shoulders pattern on NOVO
Since my previous analysis on Novo Nordisk 
NOVO_B , the price has nearly reached the original target of 700.
https://www.tradingview.com/chart/NOVO_B/NTWlAtN8-Novo-Nordisk-could-be-dropping-15-from-here/
However, I have made slight adjustments to the head and shoulders pattern, which has consequently led to a revised target at the value area low of the range from late 2023 at around 670.
At this point, I would not consider this an ideal time to initiate a short position onNOVO_B . Instead, it appears to be more of a profit-taking opportunity for those who entered short positions near the levels indicated in my earlier post.
NOVO_B , the price has nearly reached the original target of 700. https://www.tradingview.com/chart/NOVO_B/NTWlAtN8-Novo-Nordisk-could-be-dropping-15-from-here/
However, I have made slight adjustments to the head and shoulders pattern, which has consequently led to a revised target at the value area low of the range from late 2023 at around 670.
At this point, I would not consider this an ideal time to initiate a short position on
NOVO_B . Instead, it appears to be more of a profit-taking opportunity for those who entered short positions near the levels indicated in my earlier post.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.