NOVO-B.CO COPENHAGEN
Novo Nordisk Class B
STAY IN CASH
Close
643.90
Prev.Close
651.50
Change
-7.6000
Change%
-1.17%
BULLISH INVERTED HAMMER
Sold at
679.18
Open
642.40
High
656.00
Low
642.40
Close
643.90
Gain%
-5.19%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 13-09-2023, 16 days ago, when the stock price was 679.18. Since then NOVO-B.CO has fallen by -5.19%.
The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a possible bull run.
This pattern consists of a black body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bearish Shooting Star but unlike the Shooting Star, the Inverted Hammer appears in a downtrend and signals a bullish reversal. more...
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