---
title: Novo Nordisk Long-Term Bullish Trend Broken
description: "Novo Nordisk (NVO) has seen its long-term bullish trend broken, with the stock losing 49% since its highs. It’s now trying to find support. On Friday, the stock rebounded from the major support zone between 504-535. The stock will likely be volatile in the coming days, so keep an eye on this support zone to see if it has found a low. Source: Bloomberg"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Novo Nordisk Long-Term Bullish Trend Broken](https://blog.syzgroup.com/syz-the-moment/novo-nordisk-long-term-bullish-trend-broken)

 Written by [Christian Aldenkortt](https://blog.syzgroup.com/syz-the-moment/author/christian-aldenkortt) | Dec 23, 2024, 7:37:59 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/novo-nordisk-long-term-bullish-trend-broken)

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