Get started
RizeSenpai

$JNJ: Heartline Rejection Targeting 38.2%-61.8% Retrace

Short
Johnson & Johnson (NYSE:JNJ)  
RizeSenpai  
NYSE:JNJ   Johnson & Johnson
Trend Analysis Chart Patterns Technical Indicators health JNJ johnsonandjohnson equidistantchannel heartline bearishdivergence
2
0
trendanalysis chartpattern indicator health jnj johnsonandjohnson equidistantchannel heartline bearishdivergence
Johnson & Johnson has rejected the Heartline of the Equidistant Channel while showing Bearish Divergence on the MACD and RSI and as a result i now think it will be heading for a minimum .382-.618 Retrace and i will be playing it via monthly put options.

Related Ideas

RizeSenpai
CAH: Bearish Crab with PPO Confirmation on the Weekly
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.