NOVOB: Multiple patterns confirming big short opportunity

Short

NOVO NORDISK B A/S (OMXCOP:NOVO_B)

OMXCOP:NOVO_B NOVO NORDISK B A/S

trendanalysis harmonicpatterns chartpattern novonordisk novob threedrivespattern 135

I know most folks on this website are not trading NovoB but it is always nice to see multiple patterns coming together to confirm a trade. So we have a potential CD leg forming on NovoB with a c.-40% downside target to the congestion zone between 180 to 200. What is interesting the completion of a 135 pattern which forms the BC leg of the larger ABCD. Still looking for those longs but this market is not making it easy!

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