Johnson & Johnson (NYSE: JNJ)
Trade : Buy Breakout
Entry : 158
Target : 226.31 (68.31, +43.23%)
Stop : 145 (-13, -8.23%)
Posted on Sunday, December 13, 2020
Note : Johnson & Johnson stock price hasn't moved for a long time. Stocks like this, once they begin to move, often show very big moves. Not sure yet, but JNJ stock seems to be preparing for a rise. It would...
Technical outlook:
JNJ bullish scenario:
We have technical figure Triangle in US company Johnson & Johnson (JNJ) at daily chart. Johnson & Johnson is an American multinational corporation founded in 1886 that develops medical devices, pharmaceutical, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average and the company...
Hello traders,
Description of the analysis:
Johnson & Johnson ( JNJ ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based...
Hello everyone, here is the top-down analysis for JNJ, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
If the Johnson & Johnson COVID-19 vaccine does well in final phase testing, this could cause the share price to break out from the current bull flag formation, if not we will see a break to the downside.
Moderna is the first company to start the phase 3 trial in July and could have the supply ready earliest by Oct and accelerated approval earliest by December, according to Nami Sumida/BioPharma Dive and morningstar.
Other competitors are scheduled to have accelerated approval the earliest around early 2021.
Johnson's and Johnson's is in a descending channel for more than two months . watch the resistance and support once there is a breakout it might lead to a strong trend upward or downward depending which line will break resistance or support !
📈 Failed to breach through the highs, but the fight ain't over yet!
Downward channel identified. Seeing a lot of rejection at this channel top as we approach a critical level of support at 143.47.
You want to long when the downward black Resistance gets cracked. Otherwise short 143.47 break and see if the bottom channel support holds.
Critical to use the ema...
After the motive wave on JNJ, the stock is now going through some corrections. Now that the stock price is close to the lower part of the bullish wedge, any rejection with a strong bullish candlestick could cause the price to re-test its upper part...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Wait Before buying - check if the support level will not be broken before buying, otherwise hold
Fundamental Analysis
Johnson & Johnson (NYSE:JNJ) began researching vaccine candidates in January, as soon as the COVID-19 sequence became available.
A Phase 1 clinical trial of the novel coronavirus vaccine is planned for September, with data regarding safety and...
