$NVO expected have better second half (H2)

- Potential Inverse H&S on daily?
- In the worst case, goes to 200 monthly moving average around $36
- Nonetheless, We are bottoming fundamentally only question is how fast the turn around gonna be.

Note

- I had a very big position starting this year and but sold pre-earning when they unprofessionally released earnings on breakeven.

- I have bought back around 43.xx but not gonna build a massive position this time because I am afraid that turn around might be slower.

Note

- There are blood in the streets so I want to build bigger position in other companies where turn around could be faster. However, I am buying for long term as weightloss and well being is multi year secular trend

Note

- will still have better second half where it recovers.
- However, it's clear is a superior drug and latest results confirm it

Trade closed: stop reached

Note

pre-market $42 ; I believe this is heading to 200 day monthly moving average around $36 and then might find support or bottom based on fundamentals

Note

pre-market $42 ; I believe this is heading to 200 day monthly moving average around $36 and then might find support or bottom based on fundamentals

Note

as I mentioned probably has bottomed around 200 day monthly average around 35-36 bucks

bigbull037

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bigbull037

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