TradingView
N0tSwift
Mar 5, 2021 2:11 AM

JNJ Watching for a Breakout 

Johnson & JohnsonNYSE

Description

Looking for a move up soon.
Have to watch carefully. Detail on 5 Min chart was more accurate, but TV doesn't allow publishing on that timeline.


*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

Comment

Path was just a little different, relabeled. Made Entry and sold as it came down. Just re-entered, playing close to the vest in this down market.


May Add at 50/200 SMA Bull Cross soon

Comment

Caution Advised. Divergence on Stoch, ran to hot to fast this morning.

Comment


Exited at 159.41, will look for re-entry if we get a decent PB towards Wave 2 inflection point. $170 still possible target

Comment

JNJ just kind of fizzled through out the day.
The early spike was too fast to hold. Moved Stop Losses up to Pivot 1, and tagged out today. .382 FIB has been tagged, but the Pop & Drop invalidate the wave count in all likelihood.
Comments
MoneyMakerTrade
Great
N0tSwift
@MoneyMakerTrade, Thanks. Working out so far.
ForecastCity_World
Nice view
N0tSwift
More