Adam-Cox

Head line traders...provides opportunities!

Long
NYSE:JNJ   Johnson & Johnson
JNJ presents buying opportunities...in context to:
1. Beta trade with broad index growth
2. Recovery - idiosyncratic growth
3. Potential over reaction re: vaccines

Wait for pull back into range. Buy on lower limits or wait and buy on a break trade!

Earnings up next...another reactionay opportunity!

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