Fundamentals:
Take a look at NVO in 1999-2000, 2003, 2008, 2016 and June 20024-2025. Every time it dropped about 50%, that lead to a huge rally for years! NVO has secured contracts with Medicaid for their diabetes and other drugs. It is not going anywhere. It has fallen 50%. We either hold or buy more.
Technicals:
uHd + extreme indicator +u3 volume last month +horizontal support + a-b-c + key fib pb
Projection: 200 to 250 within two years, tentatively.
Take a look at NVO in 1999-2000, 2003, 2008, 2016 and June 20024-2025. Every time it dropped about 50%, that lead to a huge rally for years! NVO has secured contracts with Medicaid for their diabetes and other drugs. It is not going anywhere. It has fallen 50%. We either hold or buy more.
Technicals:
uHd + extreme indicator +u3 volume last month +horizontal support + a-b-c + key fib pb
Projection: 200 to 250 within two years, tentatively.
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