1Wk·

Has the resistance been broken through?

CranesTrade · 2025-02-24T18:13:24.713922Z

$NOVO B How do you see the current development?

$NOVO B (-1.34%)

How do you see the current development?

6 Comments

Patrick Schäfer@Hotte1909

1Wk

Right now it seems to have broken through. It has already bounced off this mark 3 times this year. Let's watch the next few days. Whether the upward trend will be maintained. The next stop would be around €93. Probably even a little below that.

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D.S.@Cato_Bamboo

1Wk

@Hotte1909 Already buying more?

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Patrick Schäfer@Hotte1909

1Wk

@Cato_Bamboo Personally, I would wait and see whether the rise is sustainable. However, the next support level is not that far away at around €80, which makes the whole thing a bit precarious at the moment. The low at around €75 was tested twice and held. However, I would go in now for a first buy. I have my price target for Novo somewhere around 98€ in 2026, which is based on fundamentals rather than chart technology. The current price position would be too risky for a long trade.

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