JNJLooking for a slight retracement. Strong divergence on MACD and MACD histo.
Chart used for my own historical reference. Any input is welcome.
JNJ trade ideas
$JNJ see if it wants to get upIt hits the support today and then went up with nice looking white candle with nice long bottom tail.
Overall still uptrend.
Johnson & Johnson strong buyAs 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.
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Johnson & Johnson stock analysis 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..
Buy the dip on #JNJMy custom built "buy the dip" indicator started to give BUY signals on #JNJ a few days ago; factor confluence was given by the gap closure (see yellow box) where price action printed a neat bullish outside reversal candle at key support level.
Got in @ $130.65 and still riding
Johnson and Johnson (JNJ) breaking outJohnson and Johnson NYSE:JNJ a component of DJ:DJI is breaking out.
Waiting patiently for a really nice buy opportunity -- JNJI expect that we get this next month - although there is a chance we have already got it. I will be waiting though.
$JNJ reportsJNJ reported today and imo, the stock seems a good choice here at the 50 EMA level for at least a quick bounce back to the median 52 week and YTD price level of 130$
JOHNSON & JOHNSONAn 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.
JNJ Stock Bulls Aiming at $150 a ShareA 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 - 10% Upside OpportunityPrice is showing sign of a completed ending diagonal structure.
We are looking for price to move higher from here potentially towards 133.43 - 136.93 area.
**Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
