Head line traders...provides opportunities!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!
JNJ trade ideas
JNJ: Breakout Confirmed, 7.25% Potential Profit!Description: JNJ is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $157.1 - $161.8
2. Take profit: $171.04
3. Stop Loss: $154.7
4. Risk To Reward: 1 / 2
5. Accuracy Rating: 75%
Johnson & Johnson should stick to baby wipes.....Vaccine Recall!With the news that the CDC is pausing J&J vaccine distribution due to blood clot issues.
I'm assuming we should see it tank at the open? You're guess is as good as mine.
In my opinion if we see price drop it should be a good time to buy, because everyone else is selling.
The level I'm interested in is $147-$150.
It is an untested point of control where institutions may have some buy orders sitting.
Watch for an ABCD on the line chart (close to close) for entry.
We may not break the 2021 high, but if the March equal highs remain untouched, I would look to enter because there is still possibly liquidity there.
$150 should give a nice reaction if we hit it while those highs are untouched.
Let's Elevate,
Gio
JONSON & JONSON D1Johnson & Johnson Company is one of the leaders in the production and sale of hygiene and care products. The shares of this company are among the first echelon of the American market. And they almost always provide stability for investments. After the market collapse at the beginning of the epidemic, the company's shares managed to reach a new historical maximum in their price. Now the asset has undergone a completely logical correction, after which we can most likely expect the uptrend to recover. The active development of the disease around the world has led to a number of new lockdowns and quarantine restrictions. The violence of all the planet is trying to protect itself as much as possible from the disease, and therefore takes all measures for hygienic prevention. Of course, there will be an increased demand for the products of the Johnson and Johnson company at this time. What will entail an increase in profits and, of course, an increase in the company's shares !!!
$JNJ will bounce - Dip opportunityI love JNJ long and believe that they are going to be fine with the recent COVID-related dip.
Their vaccine could do more damage than AstraZeneca's and governments will still buy it in order to herd the sheep.
You need to understand that JNJ is so much more than a vaccine company.
Expect this stock to go back up to the $167 level, as well as breaking the $170 level as well.
A great swing trade (buy covid dips), and I also love this long-term.
Lots of money to be made here!
*Not a financial advisor.
**Don't judge me on my winners. Judge me on my losers, because there are so few.
$JNJ with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $JNJ after a positive overreaction following its earnings release placing the stock in Drift B
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JNJ (NYSE) - Still BullishGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
JNJ (NYSE) - Still Bullish