mark1222

JNJ Trade Idea

Long
NYSE:JNJ   Johnson & Johnson
JNJ nice setup here, looking to break out of this wedge, if it can hold above 150 strong we can see a move towards 153, 160 next. If rejection occurs at the TL resistance here we can see a dip to 148-147. More long on this one with volume starting to pick up as well with a potential 9EMA/21MA cross above POC.
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.