{"symbol":"NVO","slug":"nvo","name":"Novo Nordisk","group":"Europe","asof":"2026-11-06","price":40.31,"scale":"log","headline":"primary C down from $52.12 (ending diagonal), intermediate (2) live as a double zigzag, minor Y rising","trend":"down","swing":"up","invalidation":52.12,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"zigzag correction: primary C down from $52.12 in progress as an ending diagonal, intermediate (2) a double zigzag with minor Y rising","structure":"","next":"","window":null,"invalid_if":{"price":52.12,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Primary","direction":"down","wave":"primary C of the cycle correction, down from $52.12, in progress as an ending diagonal (intermediate (1) a zigzag to $36.85, intermediate (2) in progress)","target":{"low":12.36,"high":5.08},"invalidation":52.12,"window":{"from":"2027-01-14","to":"2029-04-28","likely_from":"2027-03-01","likely_to":"2028-03-30"}},{"timeframe":"Weekly","degree":"Intermediate","direction":"up","wave":"intermediate (2) of primary C's ending diagonal, up from $36.85, in progress as a double zigzag (minor W $43.24, minor X $39.53, minor Y live)","target":{"low":45.65,"high":46.32},"invalidation":36.85,"window":{"from":"2027-01-14","to":"2029-04-28","likely_from":"2027-03-01","likely_to":"2028-03-30"}},{"timeframe":"Daily","degree":"Minor","direction":"up","wave":"minor Y of intermediate (2), up from $39.53, in progress","target":{"low":46.39,"high":null},"invalidation":39.53,"window":{"from":"2026-11-06","to":"2026-12-22","likely_from":"2026-11-08","likely_to":"2026-11-23"}},{"timeframe":"Hourly","degree":"Minute","direction":"down","wave":"minute b of minor Y, down from $40.55, in progress (minuette (a) $40.365, (b) $40.47, (c) live)","target":{"low":40.04,"high":39.92},"invalidation":40.55,"window":{"from":"2026-11-06","to":"2026-12-22","likely_from":"2026-11-08","likely_to":"2026-11-23"}},{"timeframe":"15-minute","degree":"Minuette","direction":"down","wave":"minuette (c) of minute b, down from $40.47, in progress","target":{"low":40.17,"high":null},"invalidation":40.47,"window":{"from":"2026-11-06","to":"2026-12-22","likely_from":null,"likely_to":null}}],"answer":"Novo Nordisk (NVO) Elliott Wave count at the Nov 6, 2026 close (price 40.31): the called count is primary C down from $52.12 (ending diagonal), intermediate (2) live as a double zigzag, minor Y rising. It is invalid above 52.12. On the daily chart, minor Y of intermediate (2), up from $39.53, in progress, targeting 46.39 (invalid below 39.53).","markdown":"https://elliottwaveatlas.com/markets/nvo.md","history":[{"date":"2026-11-06","price":40.31,"status":"held","headline":"primary C down from $52.12 (ending diagonal), intermediate (2) live as a double zigzag, minor Y rising"},{"date":"2026-11-05","price":40.3,"status":"held","headline":"primary C down from $52.12 (ending diagonal), intermediate (2) live as a double zigzag"},{"date":"2026-11-04","price":42.18,"status":"held","headline":"primary C down from $52.12 (ending diagonal), intermediate (2) live"},{"date":"2026-11-03","price":40.19,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-11-02","price":40.45,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-30","price":40,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-29","price":39.14,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-28","price":38.29,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-27","price":38.67,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-26","price":39.13,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-23","price":39.05,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-22","price":39.43,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-21","price":39.06,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-20","price":39.35,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-19","price":38.42,"status":"held","headline":"primary C down from $52.12, intermediate (4) live"},{"date":"2026-10-16","price":38.83,"status":"new","headline":"primary C down from $52.12, intermediate (4) live"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}