Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell. For longer term, wait for the price to hit the bottom of the bigger pattern and watch strong price action for buy.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) We just saw a submerged crossover bear flag (white bar). This corroborates with the continuation of ABC correction.
Biggest scandal for the company in decades about asbestos in baby powder still weighing heavily, pre-market showing already another lower open on Monday. Still waiting for the 120 level and 200SMA to be tested to look for a long position as the scandal eventually blows over and investors go long on this stock again.
Hello Guys, A Double top and a long black candle associated with huge weekly volumes crossing below the lower Bollinger Band give us a clear indication about next upcoming movement. Short - 1st target 125 Usd Short - 2nd target: 110 Usd. Thank you guys, Simone Siesto
JNJ has broken the main uptrend with a strong impulse. If it bounces to the level posted on chart i'm expecting one more wave down.
As you can see from the weekly chart the price historically respects this strong support and resistance line, the price has now broken this line so we are expecting further bullish movement both from fundamentals and technicals. This trade is not yet valid, but when it is we will notify our clients in our telegram group. If you would like to join us on a FREE 2...
it is for mid term.. red horizontal lines are targets.. take your profits and use stop loss and sell some percentage at every target to get good average profit. happy trading..
An eventual breakout of JOHNSON & JOHNSON of the blue trendline will give a bullish signal, with the target area at $ 126.90/127.00 and the stop loss at $ 119.90/120.00. For breakout, I mean a close of JNJ above the trendline.
A textbook A-B-C zigzag correction with an ending diagonal wave C indicates the recent decline was just a pullback within the larger uptrend. $150 is still there for the taking!
JNJ has had a good run since the beginning of 2017. Although, the stock price has dropped from a high of $148 to $122, I think reality is catching up with investors that equity valuations have been quite expensive and that it is time for some correction. I believe the fundamentals of the company remain strong although the liabilities with rising interest rates may...
JNJ shares Buy Idea @ Weekly Demand Zone (114.70 - 110.71) Buy Limit: 114.70 Stop Loss: 109.07 Take Profit: 128.32
Buy JNJ above 134 T1: 137 T2: 147 T3: 150 SL: 130.5
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...
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 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