Novo Nordisk A/S
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I am cautiously calling the bottom on NVO

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It might be a bit early to call this a bottom, especially given the unpredictable market, but I’m noticing a few key signals aligning:

  • The 8/21 curl following a double bottom
  • A break above the 50-day SMA occurring on a red day like today
  • Momentum shifting positive and being released from a squeeze


That said, stay cautious—this setup has tricked me before.

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