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Novartis: ⬆️ Buy
– Novartis broke resistance area
– Likely to rise to resistance level 132.00
Novartis recently opened with a sharp upward gap breaking the resistance area between the resistance level 128.00 (top of the previous impulse wave iii) and the resistance trendline of the daily up channel from May.
The breakout of this resistance area should accelerate the active impulse wave 3 of the intermediate impulse wave (C) from April.
Given the clear daily uptrend, Novartis can be expected to rise toward the next resistance level 132.00 (target price for the completion of the active impulse wave 3).
Source: https://fxpro.news
