hi Traders
JNJ looks pretty bearish now.
We can observe a head and shoulders pattern on JNJ.
The breakdown is happening right now so it's still early to take a short position.
Take profit and final target are shown on the chart.
If the price bounce back and we get a bearish retest , it would be also great opportunity to add more into the short.
Good luck
JNJ looks pretty bearish now.
We can observe a head and shoulders pattern on JNJ.
The breakdown is happening right now so it's still early to take a short position.
Take profit and final target are shown on the chart.
If the price bounce back and we get a bearish retest , it would be also great opportunity to add more into the short.
Good luck
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