Mar. 25 at 8:37 AM
$NVO Weekly chart check — past buy/sell signals marked, now we’re in a volatility gap zone.
Recent swings have left a “hole” — could act as a magnet for price, either filling quickly or trapping late buyers.
Key levels to watch:
• Support near previous lows — if it holds, potential bounce setup
• Resistance at recent highs — rejection could fuel another pullback
Volatility is high, so expect sharp moves in either direction before trend clarity.
This one’s a watch-and-wait setup, not a guaranteed ride.