Technical Update - Novo Nordisk, Maersk B & Danske Bank

Medium- to Longer term (Monthly chart ) there is divergence on RSI Uptrend is quite stretched but the chart has not yet formed a top and reversal pattern.
At the time of writing Novo is forming a Bearish Engulfing top and reversal pattern on the monthly time period. If May closes below 1,095 i.e., below April opening price this pattern will be confirmed and Novo could expect a larger correction.
A correction that is likely to test the lower rising trendline. A break below could lead to further selling down to 854.

However, if Novo is closing May above 1,095 the long-term uptrend is likely to continue. An RSI close above the horizontal dashed line will cancel the divergence and long term higher highs are in the cards.

A.P. Moller Maersk B has been very volatile since Dividend pay outs. Now once again  testing the lows March lows . There is no divergence on daily RSI indicating further downside could be seen.
Maersk is hovering around the consolidation area low back from Q1 2021 and another weekly close below paves the way for further downside.
Monthly chart shows a Shoulder-Head-Shoulder like pattern . There is strong support at around 10,555 close to the 1.618 projection of the Head to Neckline distance at 10,520

Key question is whether monthly RSI will close below 40 threshold or not. If it does there is further downside in store for Maersk. If closing above a rebound should be expected.

Danske Bank has formed a Shoulder-Head-Shoulder like pattern and is close to be testing the possibly Neckline. A close below the neckline i.e., a close below 134 is likely to lead to further selling down to 118 possibly 103.

For this pattern to be demolished and trend to be reversed a close above 149.60 is needed.