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lubosi
Feb 19, 2024 6:44 AM

JNJ @ $156.55 Short

Johnson & JohnsonNYSE

Description

Buying is a very good strategy especially now that we are entering an AI Bubble Market
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So what is a bubble market? you may be thinking
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Well, a bubble market is when the global recession is on while some stocks are hitting new highs for example Nvidia NASDAQ:NVDA , IBM NYSE:IBM And Amazon NASDAQ:AMZN .
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But with this chart, we have a stock you can short.
As you look at this chart notice that the price is below the parabolic SAR?
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This means its a safe bet to short-sell at this position
but remember to exit when the Parabolic Turns
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Also another strategy which i love is called the rocket booster strategy which you can use to combine with the strategy above.
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Check out the resources below to learn more about the rocket booster strategy.
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Also rocket boost this content to learn more.
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Disclaimer:
These are just ideas please do your own research before you Buy or sell anything. This is not financial advice.Take this as a warning you will lose money trading.
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