Novo Nordisk – Bullish Setup | Target: 306.00 #44Novo Nordisk A/S Class BOMXCOP_DLY:NOVO_BMohamad_GharibNOVO_B Price Outlook: Novo Nordisk Holds Above 1 (100%) Support Arc | Potential Rebound Toward 306.00 Novo Nordisk A/S Class B (NOVO_B): Arc Cycle Analysis Overview: Based on Arc Cycle Analysis applied to the 30m chart, Novo Nordisk is interacting with the 1 (100%) Support Arc within the current Arc Cycle. Price is holding above this Support Arc, suggesting the potential for a bullish rebound toward the next Resistance Arc. Market Outlook Price is holding above the 1 (100%) Support Arc, indicating that this Arc continues to provide support within the current Arc Cycle. If the Support Arc continues to hold, a rebound toward 306.00 price becomes the preferred scenario. Conversely, a sustained 30m close below the Support Arc at 294.00 would invalidate the bullish scenario and shift the outlook toward the next lower Support Arc.