NVO: Harmonic Pattern Signals Potential Reversal

1 296
NVO: Harmonic Pattern Signals Potential Reversal

Novo Nordisk (NVO) has completed a Bullish Harmonic Pattern, suggesting that a potential reversal phase may already be underway.

If the pattern holds, we could see a short consolidation before a potential rally toward the first target near 53.50, followed by the second target around 58.50.

However, we should keep an eye on price stability near the current lows. A break below could invalidate the pattern setup.

Key Targets:
🎯 53.50
🎯 58.50



You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.