NVO: Harmonic Pattern Signals Potential Reversal

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!

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