William-trading

Return of Impulse wave?

Long
BATS:JNJ   Johnson & Johnson
JNJ has saw strong bullish pressure at the bottom of the downside channel and it is likely to complete a larger degree (ABC) wave. As such, we are ver bullish on JNJ

Stochastic OScillator has completed an oversold crossover and longer-term MACD is close to complete an oversold crossover.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.