Connor Dennie : Market closed tomorrow

pootpoot OP Connor Dennie : O NO. tks for the reminder!!

pootpoot : maybe. 8ma daily demains a resistance

Aryan Rai OP : 8ma?

pootpoot : yes as of now the resistance is 86.289

pootpoot : usually in bear market it will consolidate waiting for the other moving averages to come down. the closest example that is europe stock related would be ASML. it will eventually recover. but would be good to play the swings in between

D3VIN : it's buy and was a steal at 81 to 83

pootpoot OP D3VIN : hmmm cant comment because i see the following points
1. lower highs and lower lows still
2. novo seem to lack volume to break that diagram i have posted.
3. weekly chart looks pretty close to retest 77 (200ma).
i dont mind entering late. but i need to see the bullish confirmation.
no signs of bottoming out yet :<

Money Thrill OP : Novo Nordisk climbed more than "3% in Copenhagen", following an upgrade of the pharmaceutical company's advice from 'neutral' to 'BUY', despite a sharply lowered target price from 1,100 to 750 Danish crowns. The broker lowered its target after CagriSema, but judged the wave of selling on the stock to be exaggerated. 'Novo remains the most exciting growth story in the EU pharmaceutical industry and is now reasonably valued,' it judges.