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dorfmanmaster

Johnson & Johnson - Healthcare outperforming

Long
Johnson & Johnson (NYSE:JNJ)  
dorfmanmaster  
NYSE:JNJ   Johnson & Johnson
Trend Analysis Technical Indicators Harmonic Patterns Parallel Channel johnson_and_johnson JNJ healthcare PHARMA profit_exit stoploss outperformer
4
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trendanalysis indicator harmonicpatterns parallelchannel johnson_and_johnson jnj healthcare pharma profit_exit stoploss outperformer
JNJ has breached its 200sma resistance, to enter "channel 1".

I would wait 2-3 closes inside the channel above the 200sma to enter a position.


Profit-exit ---> $144.2
Stop-loss ---> $133.19
Approximate RRR ---> 3:1

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