CRWV Commentator
Rising Creator$Novo Nordisk AS(NVO.US)After the sharp drop following the earnings report, on the 4th trading day, with the 2nd and 3rd days in between triggering daily oversold signals, it has temporarily moved out of the oversold zone today;
Denmark's underlying stock NOVO opened at 317.05, currently quoted at 320.20, up 8.30%
Has the bottom been found in just 3 trading days? Let's see if there will be a secondary pullback.
$Novo Nordisk AS(NVO.US) Historical data backtesting: Sharp declines in daily oversold conditions usually last 3-6 trading days. Today is the first day of triggering daily oversold
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