It's really interesting that the first doubts about the buying euphoria of the last two days seem to be coming in now....... It feels like at least 80% of all getquin users have struck at $NOVO B. 🙄 I'm not staying invested and watching from the sidelines. The same applies to $UNH, where I don't see an end to the drama yet.........😎
@BamBamInvest They will certainly be happy about the DKK 100 per share 😉😂 All joking aside. I also think that the DKK 300 is better than the DKK 320. Then I could even see myself taking a trading position. VK93VN would be nice😉
@Multibagger yes, if we're lucky more capital will flow into tech and the healthcare sector will crash even more ☺️. But $HUM and $CVS figures were good, so I think $UNH will soon be on the up ✌️. Let's hope the legal thing is off the table soon.
A legitimate question that is worth asking. Before even more people reach for the falling knife here. I can still remember when we bought from Elf Beauty far too early.
When ELF was still dropping i questioned the community and the relentless buying that was happening at the time. As it turns out, it was nowhere near bottom but thankfully did recover, and we know where we are now. But someone was quick to come back to me AFTER the price had recovered...almost in an effort to say "I told you so!".
However, at the time I commented it was absolutely the wrong time to buy.
@flush_hatch yes, but $ELF was also at this level at the end. This is the end rather than the beginning of $NOVO B. I don't think we will fall another 30-50%.
Somewhere between DKK 300 and 320 there was a last main support level, which is where we are now. If it goes below 300, it will probably have to be redefined and a further drop to 250/240 must be factored in, I agree with Memo. All lines broken to the downside, negative momentum, an RSI of 23 alone could indicate that the share is slowly becoming oversold. However, the stochastics say what anderes🤷♀️und then there would still be "air" further down.
@Dividendenopi thanks, would be here longer anyway if I grabbed it and then in two installments. But it's really starting to get a bit tough with the sale 😂
@BamBamInvest wait and see if the - let's take the mean - 310 holds. Closed at the daily lows yesterday and yesterday, if this happens again today it could go even lower tomorrow before the weekend.
I still remember how I was told here on getquin that Novo had no problems and that I was completely misjudging the situation. But at the moment it looks tasty
@TaxesAreTheft It's starting to look really tasty, everyone is once again acting as if the company is no longer growing and will be insolvent tomorrow 😂
@BamBamInvest it's not 3.4% right now, if not that could very well be the low point. If no or minimal growth is priced in, the valuation is based on the treasury yield as "0 risk yield". 4% is very good
@TaxesAreTheft Above all, they can serve them very well, even if the reduced growth is halved again, they should have no problem with the dividend and at the end of the day I believe that they have made pessimistic statements here. Let's see, in any case the risk/reward ratio is now good, maybe the Americans will push down again.
So if you take the striking low of 2016 and the high of 2024, then DKK 325 is the 0.236 Fibonacci level... and then there is nothing for a long time until the 2016 low, which is DKK 109. 😘
The next technical support for me is around € 43 A breakthrough could open the way to new lows. A sustainable bottom would be conceivable from around € 40. Overall, the price is well below all trend signals, so the bearish picture remains intact (dominant bearish momentum) The RSI (14) is in the region of 10, which is extremely oversold and allows for short-term counter-movements. So my conclusion from the technical and fundamental analysis is that a countermovement will set in as soon as the price reaches around €40 or just below. How sustainable this will be remains to be seen.
The next major potential support area appears to be in the range of €37.50 - €39.00.
But a daily close below €37.50 on high selling volume would indicate that the correction has further to go, with no clear support until much lower historical price levels.
I would wait before purchasing more. As @Tenbagger2024 and many others have said, wait for a clear bottom...the formation of higher highs and higher lows would indicate the potential for a new uptrend.
@Doe you're right, but I'm used to falling into the falling knife 😂and with 4% dividend yield and no real signs that this could fail, I'm slowly expecting stronger buying . 3 day rule and oversold RSI also included . Even if you only speculate on bounce , maybe there will be some positive news , who knows .
@BamBamInvest My fingers are already tingling. I don't actually have any cash available. I still have some money that is actually intended for a vacation. But my husband would definitely have something against it 😂😂
@BamBamInvest I wouldn't like to do that either. I sold a lot of things during the crash to regroup, which was a mistake in the end. Now let's see what happens when the US stock market opens
That's how I see it nowadays, it's often the case that you as a Youtuber or person have a large reach and can generate purchases by quickly having your thoughts copied by dozens of people.