Long
Novo resources in wave (3) of wave 3, could see new highs soon
TSX:NVO seems to have completed it's wave (2) of 3 correction, has started its wave (3) of 3, the most impulsive and powerful wave.
The break above the 6.4o area would invalidate the most basic bearish count and a break above $6.80 would give credit to the bullish scenario.
This idea is valid as long as the key support of $3.80/$4.00 area holds.
The break above the 6.4o area would invalidate the most basic bearish count and a break above $6.80 would give credit to the bullish scenario.
This idea is valid as long as the key support of $3.80/$4.00 area holds.
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