The fifth wave rise, final target 60. Based on the longest time span of 2 months, making another bold speculation: this wave will peak at the end of July, then retrace in August and September, then have the final wave rise in October and November, meaning by the end of November, 60 can be seen.
$Novo Nordisk AS(NVO.US) has studied each previous wave, whether it was a rise or a fall, each wave lasted about 1-2 months, with a median of 1.5 months.
Assuming June 10th is the starting point of a new wave, counting one and a half months, the peak of this wave would be around the end of July, before the earnings report. Target estimated around 52, range 50-54 is possible. Suggest clearing the position first when it reaches.
If it doesn't reach the range before the earnings report, you can hold and wait for a big jump on earnings. If it has already reached the target before the report, clear the position first. It's already explained clearly enough.
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