NVO: Harmonic Pattern Signals Potential ReversalNVO: 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❤️
Trade ideas
$NVO Short Setup | EMA Wall Stops Bulls, Downside Active🎯 NVO Bearish Breakdown: 200 EMA Rejection Setup 🐻
📊 Asset Overview
Novo Nordisk (NVO) - NYSE
Type: Swing/Day Trade Opportunity
Bias: Bearish Reversal Confirmed ⚠️
🔍 Technical Analysis
The bulls just got rejected harder than a bad pickup line at the 200 EMA! 📉 We're seeing strong bearish momentum building up with heavy downside pressure taking control. The market structure screams reversal, and bears are flexing their dominance.
Key Technical Factors:
🚫 200 Exponential Moving Average acting as dynamic resistance
📉 Bearish momentum accelerating with high selling pressure
🔄 Clear market structure reversal pattern forming
🐻 Bears in full control of price action
💰 Trade Setup - "The Thief Strategy"
🎯 Entry Strategy
Layering Method - Multiple limit orders for optimal positioning:
Layer 1: $53.00
Layer 2: $52.00
Layer 3: $51.00
Feel free to add more layers based on your risk appetite and account size!
🛑 Stop Loss
Thief SL: $56.00
⚠️ Risk Disclaimer: This is MY stop loss level. You're the captain of your own ship - adjust based on your risk tolerance and trading plan. Trade at your own risk!
🎯 Target Zone
Primary Target: $44.00
📍 Why $44? Strong support confluence + oversold conditions + potential bull trap zone. Smart money takes profits where the crowd panics!
⚠️ Profit Taking Note: This is MY target. You make your money, you take your money. Don't be greedy - secure those gains when YOUR plan says so!
🔗 Related Pairs to Watch
Keep your eyes on these correlated assets for confirmation:
📈 Pharma/Healthcare Sector:
NYSE:LLY (Eli Lilly) - Direct competitor in diabetes/obesity space
NASDAQ:SNY (Sanofi) - European pharma correlation
AMEX:XLV (Healthcare ETF) - Sector-wide momentum gauge
💵 Currency Impact:
TVC:DXY (US Dollar Index) - Strong dollar = pressure on international stocks
$EUR/USD - Danish Krone correlation (Denmark-based company)
💊 Related Healthcare Plays:
NYSE:JNJ (Johnson & Johnson) - Large-cap healthcare sentiment
NYSE:PFE (Pfizer) - Big pharma correlation
Watch for divergences or confirmations across these pairs to validate the bearish thesis!
📝 Key Points Summary
✅ 200 EMA rejection = institutional selling zone
✅ Bearish market structure confirmed
✅ Multiple entry layers = better average price
✅ Strong support target at $44 = ideal exit zone
✅ Risk management is KING 👑
⚡ The Thief's Edge
This "layering strategy" lets you build positions gradually while managing risk like a pro. Instead of going all-in at one price, you spread your entries to capture the best average. It's not about timing the perfect entry - it's about stacking the odds in your favor! 🎲
🎭 The Thief Strategy: A playful nickname for layered limit order entries. Trade responsibly and within your means.
✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!
#NVO #NovoNordisk #BearishSetup #SwingTrading #DayTrading #TechnicalAnalysis #StockMarket #NYSE #ThiefStrategy #LayeringStrategy #PharmaStocks #200EMA #BearishReversal #TradingIdeas #PriceAction #RiskManagement #Healthcare #BiopharmaTrade
NVO Swing LongFew ways to approach this trade. Look for previous lows at 45 to get taken and look to swing long once back above. More conservative approach would be to wait for a monthly close back above 56.46 as that would confirm a HTF change trend where one should look to buy on pullbacks. If price takes the lows at 45 but is unable to reclaim them as support the possibility of a drop to 36-38 opens up which would be another swing long opportunity.
$NVO Last opportunity!🌱 Novo Nordisk: A Healthy Pullback in a Long-Term Growth Story
After years of remarkable growth, Novo Nordisk (NYSE: NVO) has seen its stock cool off — sliding from over 💲130 to around 💲49. At first glance, that might look alarming, but the reality is far more balanced. What we’re seeing is an organic correction after a period of exceptional hype, not a collapse of fundamentals.
💉 From Breakthrough Buzz to Market Reset
The rally through 2022–2023 was powered by massive excitement over Ozempic and Wegovy, Novo Nordisk’s revolutionary GLP-1 drugs transforming diabetes and weight-loss treatment.
As the world caught on, valuations skyrocketed — but eventually, markets needed to breathe. Profit-taking, competition from Eli Lilly’s Mounjaro, and normalization of expectations triggered the current pullback.
📈 The Bigger Picture
Zooming out tells a very different story — over the decades, Novo Nordisk’s stock has gained over 30,000% 🚀, riding steady innovation and strong global demand.
Even now, the long-term uptrend remains intact, with the stock retesting support around $45–$50, a level that previously served as a major base.
💡 A Discounted Opportunity?
For long-term investors, this phase could be an opportunity to accumulate a quality company at a discount.
Novo Nordisk continues to lead in metabolic treatments, maintain strong margins, and expand production — all pillars of sustainable growth.
While no one can predict the short-term, history suggests this pullback may simply be the market’s way of resetting before the next phase of growth.
🧠 Educational Takeaway
🔁 Strong fundamentals can lead to temporary overvaluation during hype cycles.
📉 Pullbacks are natural and healthy in long-term uptrends.
💎 Quality companies often reward patience when bought during corrections.
In short: Novo Nordisk’s story isn’t broken — it’s evolving. This dip may be less of a warning sign and more of a lesson in long-term investing discipline. 🌍📊
Novo Nordisk selloff an opportunity if markets slumpMarkets are stretched. Tech and AI have run hot. If sentiment breaks, investors will pivot fast. Novo Nordisk offers safety, scale, and cashflow. But this isn’t a flawless story.
Novo’s stock has pulled back. Some of that is market-driven. But part of it is real. Growth expectations were stretched. Wegovy demand is strong, but competition from Eli Lilly is rising. The obesity drug market is now a battleground. Margins will face pressure.
There’s also a deeper issue. Novo’s growth beyond GLP‑1 is uncertain. The pipeline is solid, not spectacular. Expansion into areas like NASH and cardiovascular disease will take time. Execution risk is high. Regulators are watching pricing and access. Political pressure could mount, especially in the US.
Still, Novo remains a global leader in metabolic health. The company is profitable, disciplined, and forward-looking. Oral versions of its drugs could open up new markets. And its ability to scale production is unmatched.
If we see a broad selloff in growth and tech, money will move. Healthcare offers earnings stability. Within healthcare, Novo trades at a more reasonable multiple than peers, with less patent cliff risk.
This isn’t a moonshot. It’s a quality business, temporarily mispriced. Risks exist, but they’re known and manageable. Growth won’t be as smooth as before, but it’s still there. And when the market rotates, Novo will be in demand.
For traders, this is about timing. For investors, it’s about conviction. Either way, it deserves a place on the radar.
The forecasts provided herein are intended for informational purposes only and should not be construed as guarantees of future performance. This is an example only to enhance a consumer's understanding of the strategy being described above and is not to be taken as Blueberry Markets providing personal advice.
NVO entering "Catch that knife!" zone - Novo NordiskNVO entering "Catch that knife!" zone
Eli Lilly & Co. and Novo Nordisk A/S struck a deal with the Trump administration to offer their blockbuster obesity drugs at lower prices: " ... we're offering it at drastic discounts."
Wake me up when it hits $26
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations
NVO-Hold or cut lossIt has been quite a crappy month for this stonk.
But if this pull back(if it is turn out to be a pull back) can hold firm support at fib 0.78 level at around $48. Then we can still expect a reversal to the upside to be play out.
But is we loose this or previous low then we will probably see another lower low.
With current undervaluation of this stock, with bullish weekly bullish divergent still intact, I believe we are more like to make a reversal to the upside from here
Time to go Long NVO?NVO has had a tough year. It's down 53% ytd.
I accumulated 100 shares at $50 in August and stupidly held the bag despite the price hitting my target of 60.
The price is back down around $50, and looking like a good time to buy.
If you look down at the RSI the last 2 times it sunk to oversold, it triggered runs of 10-20pts.
Personally, I think the stories of increased competition are overblown. This is the largest company in Europe and still a leader. The share price needs help from some US gov't policy, but it's definitely in its accumulation zone again. Moreover, it looks like it could finally break the downward trendline started back in December.
Share prices dopped to $50 once again today on the news that it's bidding on Metsera. And on the news, I bought another 100 shares.
This trade is active.
$NVO Novo Nordisk | pump or PAMP?!?!X is abuzz with musical PAMP chairs these days. It's like a meme merry-go-round. Because nothing says "fun" like a game where everyone's pumping stocks until the music stops and you're left holding the bag of sadness.
NYSE:NVO is popping up more and more in the chatter. Thought we'd take a look to see what we see.
$40 looks like a reasonable ( as reasonable as an extended weather forecast ) price target. There seems to be this repeating pattern of dump, upwards consolidation, dump, upwards consolidations, AND REPEAT.
I like to front-run so, I'm already in. Will add around $40ish.
SEE U ON THE MOON!
Novo Nordisk Setup – Is This the Pharma Sector’s Strongest Play?🚀 NVO "Novo Nordisk" – Wealth Strategy Map (Swing/Day Trade)
📈 Trade Plan (Bullish Setup)
Trend Confirmation: The bullish trend is supported by Dow Theory accumulation phase 📊.
Candle Signal: A Heikin Ashi Doji has formed, adding confluence to the setup.
Indicator Alert: LSMA (Least Squares Moving Average) line has confirmed a breakout, reinforcing the bullish case.
🎯 Entry Strategy (Layering Style)
This plan uses a layered entry approach — placing multiple buy-limit orders across price levels to scale into the trade:
Layered Buys: 54.00 → 55.00 → 56.00 → 57.00
(⚡ You can expand your limit layers further depending on your own preference and risk appetite.)
✅ This layered method allows flexibility, smoothing entries instead of relying on a single price level.
🛡️ Risk Management
Stop Loss Idea: Suggested protective stop near 52.00 🔒.
📢 Note: Risk is personal! Adjust your SL to fit your risk tolerance, capital, and trading style.
🎯 Profit Target
Target Zone: 66.00 (area of heavy resistance + possible overbought levels ⚡).
⚠️ Note: Exiting before the “crowd trap” forms is key — take profits wisely when conditions match your own plan.
🔗 Related Pairs to Watch
NYSE:NVO (Primary)
NYSE:LLY (Eli Lilly) 🧬 – Correlated pharma sector, often mirrors biotech sentiment.
SP:SPX / AMEX:SPY 📊 – Broader market direction can impact large-cap pharma momentum.
$USD/SEK 💱 – Novo Nordisk is Danish; currency fluctuations sometimes influence investor flow.
Keeping an eye on these correlated assets can improve timing and risk management.
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
#NVO #NovoNordisk #Stocks #SwingTrade #DayTrade #StockMarket #Bullish #HeikinAshi #DowTheory #TradingStrategy #PharmaStocks #LayeredEntries #RiskManagement
$NVO – Completed Supercycle, ABC Correction Underway (Monthly)www.tradingview.com
Redrew the long-term channel to fit the entire price history — and every major swing since the 1980s now aligns perfectly within it.
Within this structure, NYSE:NVO appears to have completed a clear 5-wave advance (1987–2023). The impulsive phase looks mature, and the price action since the 2023 top suggests the start of a larger-degree ABC correction.
At present, price action fits the profile of the A-leg — strong downside momentum, deep RSI reset, and first break below the EMA100. I expect a B-wave retrace to test resistance near the channel midline or EMA, followed by a C-wave completing lower within the channel.
This would mark the first true multi-year correction of Novo’s 40-year supercycle.
Novo Nordisk – 40-Year Supercycle Breakdown (Monthly)After nearly four decades inside a rising secular channel, Novo Nordisk broke below it for the first time ever in July 2025 . Since then, two consecutive monthly closes below the channel — coupled with two consecutive closes under the monthly EMA 100 (previously flawless support) — confirm a major structural shift .
The failure of bulls to reclaim either the EMA 100 or the channel underscores that bears are now firmly in control .
From an Elliott Wave perspective, price action since 1987 forms a clear completed 5-wave super-cycle , suggesting a larger-degree corrective phase is underway. A move toward ±$25 — aligning with the 23.6 % Fibonacci retracement of the entire advance — stands out as a primary downside target .
Even this level would represent only a shallow retracement of the full trend, implying that the current decline may still be in its early stages.
$NVO end of bearish trend. - NYSE:NVO has exited the bearish trend and very soon it will be doing a trend reversal and enter a new trend.
- if it consolidates, trade sideways or up is yet to be seen.
- However, if a stock exits such a prominent downtrend then move to the upside after breakout is explosive.
- Fundamentals are backing $NVO.
- R&D is crown jewel of this company
- Operation efficiency is improving under the new leadership
- Entering new markets like India would unlock huge market for NYSE:NVO
- Pills are the next growth lever for the company.
- On top of that, Valuation is too cheap for an exploding TAM of weight loss and it's health benefit.
Is Novo breaking out of a falling trend channel?In 2024, Novo formed a head–shoulder pattern with a breakdown at the end of September. Since then, the stock has been moving within a falling trend channel until now.
On September 18 this year, the stock broke above the trend channel by 6–7% on increased volume. It has since pulled back to test the upper line of the channel and is now moving up again.
There is resistance around 390. If the stock breaks significantly above this level with rising volume, it will be clearly technically positive.
Price momentum indicators are currently neutral, and the stock remains within a red Ichimoku cloud, but RSI 21 is trending higher.
The stock is slightly technically positive at this point but could quickly turn decisively positive if it breaks above 390.
The analysis covers a medium-term horizon (1–6 months).
Fundamentals:
Fundamental analysts remain broadly positive on the stock.
“Novo announced a global restructuring affecting 9,000 employees.
The purpose is to increase decision-making speed, strengthen performance culture, and redirect resources toward growth areas within diabetes and obesity ...
Despite short-term uncertainty, we assess that growth potential remains attractive (though somewhat lower than previously expected). The pipeline is strong, and Novo remains in a leading capacity position.”
Quoted from Jyske Bank, Denmark.
Disclaimer:
I hold a position in the stock.
Note: You must do your own research and assessment before buying or selling shares.
NVO: Awakening a Sleeping GiantNovo Nordisk (NVO) has been through a turbulent period marked by political pressure, leadership transition, and volatile price action. Once a dominant growth leader, the stock entered a prolonged downtrend, losing nearly two-thirds of its value from its highs. But beneath the surface, critical structural shifts are forming.
The following stages will outline the necessary phases that must develop for this turnaround to materialize—from breaking free of long-term downtrends, to establishing structural reversal patterns, to executing a clean breakout that reawakens this sleeping giant. Combined with improving sentiment, attractive valuations, and new product catalysts, NVO presents one of the most important turnaround stories in the market today.
Phase 1: The Big Picture – The End of the Downtrend
On the higher timeframe, NVO has been trapped in a descending channel and falling wedge pattern. Each rally attempt failed against the channel’s upper trendline, while successive lower lows (LLs) reinforced bearish momentum.
However, the most recent action has shown resilience:
Price defended the $44–$45 critical low with volume spikes that suggest institutional accumulation.
The falling wedge structure, a classic reversal pattern, is nearing its breakout point.
Key resistance sits at $71–$74, where a confirmed break would mark the first structural higher high since the decline began.
The macro picture suggests the downtrend is losing steam. The sleeping giant is stirring.
Phase 2: The Reversal Zone – Foundation Building
Zooming into the mid-timeframe charts, NVO has already laid the early foundations of reversal:
A double bottom (DB) structure formed at the lows, rejecting heavy selling pressure.
Break of structure (BoS) moves show that sellers are no longer fully in control.
Higher lows (HLs) are emerging, indicating the gradual handoff from distribution to accumulation.
Importantly, this structural base coincided with a major August catalyst: Novo Nordisk’s U.S. approval for a treatment of MASH. While initial headlines around price controls and leadership change spooked markets, the regulatory win highlights the company’s ability to expand beyond GLP-1 dominance and diversify revenue streams.
The $71 level becomes the pivot. A break and retest above it confirms the foundation and sets the path forward.
Phase 3: The Execution – Unlocking the Breakout
Price action on the execution timeframe is coiled inside a descending triangle that aligns with the larger falling-wedge setup. Price has reclaimed the $59–$62 base and is pressing toward the $71–$74 neckline.
What must happen next:
Break and close above $71–$74 to confirm the reversal.
Retest/hold $71 as support**;** shallow pullbacks with higher lows are ideal.
Expand toward $80–$82 (first measured objective).
If momentum persists, $95–$100 becomes the next leg as longer MAs are approached.
Volume is the tell!
A capitulation spike marked the late-July/early-August low—classic washout behavior.
Subsequent rallies show rising participation, while pullbacks have occurred on contracting volume—an accumulation signature.
On the breakout through $71–$74, look for clear volume expansion versus recent sessions to validate the move.
The volume profile shows a high-volume node around $59–$62 (firm base) and a lower-volume pocket from ~$71 to low-$80s—price often moves faster through low-volume areas once acceptance is established.
Invalidation
A heavy-volume rejection at $71–$74 or loss of $59–$62 would negate the immediate setup and put a retest of the mid-50s back on the table.
Net: execution now hinges on a high-participation break and hold above $71–$74; volume confirmation is the key to unlocking the next leg higher.
Macro & Valuation Context
Beyond the technicals, the macro story matters. August’s turbulence was driven by political rhetoric on drug pricing and leadership transitions, both of which suppressed sentiment. Yet underneath:
Product diversification: Wegovy continues to expand, with new approvals boosting demand. The MASH approval signals expansion into adjacent therapeutic markets.
Earnings strength: Despite headwinds, Novo Nordisk continues to deliver double-digit sales growth in core franchises.
Valuation reset: After the drawdown, NVO trades at a far more reasonable P/E multiple compared to its stretched valuations at $140+. While still premium to peers, the multiple now reflects normalized expectations and leaves room for upside if earnings deliver.
In short: the giant is cheaper, leaner, and ready to awaken.
Conclusion: The Beautiful Awakening
NVO’s charts tell a story of capitulation, base building, and now the early signs of reversal. From the high-timeframe falling wedge, to the mid-level double bottom and higher lows, to the execution-level triangle breakout—the technicals are aligned.
Paired with a valuation reset and expanding product catalysts, Novo Nordisk is no longer a fading leader. It is a sleeping giant at the edge of awakening.
For traders, the roadmap is clear: confirmation above $71 unlocks higher targets. For investors, the opportunity lies in recognizing that giants don’t sleep forever—they eventually rise again.
NVO-Zoom out perspectiveThe 3 months price candle recently closed, with long wick below, candle closed nicely just above the historic 100 SMA on 1 month timeframe line.
Appeared that there were strong buying pressure under the trend line (below $55)
I believed that we are likely at local bottom and about to reverse to the upside soon.
Still hodl strong, Waiting and pray 🙏for confirmation






















