SwissTradingSchool

NVO, Novo Nordisk A/S - Potential Breakout on Ascending Triangle

Long
NYSE:NVO   Novo Nordisk A/S
NVO
Very close to the breakingout of this ascending triangle, in this case pattern of potential continuation of the trend, after a reversal already occurred in 2018.
If it were to break up, the first target would be $58.
The management of the position, the definition of the entry point and of the exit point in case of loss are what count more than anything else, also of the strategy.
https://finance.yahoo.com/quote/NVO?p=NVO&.tsrc=fin-srch

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