$NVO is not a weak company, it is a strong sector leader, with a ground breaking product and undervalued both fundamentally and technically now while being under the 200 WMA and with this Wave A falling as low as the 0.618 Fib at $66.
I believe at the very least a relief bounce will come and I would be looking at a target of $107 here for Wave B.....and it could certainly go higher too.
FWD PE is 14
Net Margin is 35%
EPS Next 5 years is +20% per year.
Watch for a hold above $66 now.
Cody
2025-04-03 12:46:45 +0000 UTCDaniel E (Bullish)
2025-04-03 04:28:33 +0000 UTCCrewz
2025-04-02 20:48:56 +0000 UTCJessyyRabbit
2025-04-02 20:34:37 +0000 UTC