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ManuDXB
Sep 29, 2023 6:12 AM

Strong Support zone with Upside Potential Long

Johnson & JohnsonNYSE

Description

Since 2022 JNJ is trending sidewards, testing the zone from $155 to 150$.

We are close to this zone, so a potential buy opportunity is coming.

Buy zone between $150 and $155, Target is $180 which is still under a fair price of $200

Stop should be near $145, if this break, the price could fall further down near $130 or worst case to $110 if the momentum is to big.
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