JNJ is consolidating the previous bullish movements by moving in a sideways parallel channel. If the stock breaks lower the minimum target is around 126 and if the bearish movement goes on the T2 would be around 122. If the stock breaks higher, then the target is around 144. The breakout must be confirmed by very high volume. If it doesn't, it may be a...
Both of JNJ and MCD are stocks that I want to have in my retirement portfolio, they are typical stocks that worth the easiest buy and hold strategy. While it doesn't mean they are not tradable at all,since if I don't really want to risk 10-20% for a mid-term investment, I may turn to some tiny risk short-term trading opportunities. Here JNJ got a daily bat...
very good major up trend. the poolback ends with OKR reversal pattent stop loss is 131 NYSE:JNJ
Johnson & Johnson has been in a bullish trend since 2009. On a few occasions through this trend, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in short-term losses for the stock. I have also conducted further analysis based on other historical information and readings that...
This analysis combines channelling, 200 SMA, and Elliott Wave. I noticed a breakout chart by user 'pardis,' and decided to trade the stock. Here is my own analysis of the stock after purchasing a few shares with an entry at 130.98/130.45. There was a breakout around 129, and I looked into the price history to have a better understanding of where the stock possibly...
JNJ reversing off of Crab pattern. It is hovering over the pervious high of 125.9. If it breaks further, next stops would be 20 MA, -> 0.382 retracement and then 50 MA
Healthcare products maker Johnson & Johnson (NYSE:JNJ) is nearing a double top resistance point on the stock chart. The level is $126 and is the former all-time high on the stock from July 2016. A double top on the stock chart is a technical term that tells investors there will be heavy selling at that point. It likely will be tough for Johnson & Johnson to go...
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Closings Bearish (Dow Jones Index incl. all shares) drive.google.com Best regards :) Aaron
continues. Stalk your entries.
TRADE IDEA: Look for a repeat of Pattern 1. With strong support underneath, wait for the break to the upside, and buy on a retrace.
There is no real change in the dominant bear trend, as prices pressure $110.00. Stochastics and sentiment continue to weaken, highlighting further downside risks into the coming weeks. In tandem, Healthcare is also weakening and, along with JNJ, further underperformance relative to the SP500 Index is highlighted.
Seems like it is pulling back, I would prefer to wait for supports to long.
Based on RSI34 weekly div and final trend line breakout look forward for further downside price action to 80-100 levels. No more soap, baby! - Sell Johnson & Johnson mid-term setup
JNJ is very strong company but recently experiencing negative rollover with very sharp negative money-flow divergence. There are also insider selling as well. We like to short it from current level & our first target is 112.73 On the option side we are looking for Jan17- 120 put currently trading at $3.90 "You can check our detailed analysis on JNJ in the...