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$Novo-Nordisk A/S (NVO.US)$ Bull Case if it heads to 84.5-84...
$Novo-Nordisk A/S (NVO.US)$
Bull Case
if it heads to 84.5-84.6 today and holds well. this might be a higher low pivot. and tomorrow if it heads towards 87.5-87.6 and breaks thru, it is likely a breakout.
Bear Case
84.5-84.6 doesnt hold, it does seem to sit nicely at 200ma (around 78) if it continues the declining channel. all these pre market boosts actually pushes the RSI up and allows these drops possible.
Bull Case
if it heads to 84.5-84.6 today and holds well. this might be a higher low pivot. and tomorrow if it heads towards 87.5-87.6 and breaks thru, it is likely a breakout.
Bear Case
84.5-84.6 doesnt hold, it does seem to sit nicely at 200ma (around 78) if it continues the declining channel. all these pre market boosts actually pushes the RSI up and allows these drops possible.
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Connor Dennie : Market closed tomorrow
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