Basic analysis shows JNJ is about to face strong resistance

A very basic analysis for $JNJ shows that the stock is facing a major resistance zone before earnings .
The 98-100$ zone, a strong structure that held as support during more than a year, was broken during August and now became resistance.
Add the 200 SMA line, the downtrend line and the sellers pressure that this stock will face when it will reach the psychological number of 100$ and you'll get pretty good reasons to be concern if you are still holding a bullish position in $JNJ.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out