NOVO NORDISK B A/S
Long

Novo Nordisk hit my target this week and I have started to buy

189
The head and shoulders pattern successfully played out, with NOVO_B reaching my full target at 670.

Check out my original post:
Novo Nordisk could be dropping 15% from here


The stock experienced a significant drop, falling as much as 27% on the Friday before Christmas. This was triggered by test results for their obesity drug, CagriSema, which showed patient weight loss of 22.7% - below the anticipated 25%.

I believe this reaction is an overcorrection and have taken advantage of this rare opportunity to purchase NOVO_B, first at 680 and again at 600. I now plan to hold patiently, expecting Novo Nordisk to reach new all-time highs in the coming years.

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