If you haven`t bought JNJ before the previous earnings:
Then analyzing the options chain and the chart patterns of JNJ Johnson & Johnson prior to the earnings report this week,
I would consider purchasing the 145usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $7.55.
If these options prove to be profitable prior to the...
I still regret not taking that awesome set up in KDP but, this is giving me those vibes and I really think it is worth a long. I am looking to put my risk a 1/4 of the ATR below the most recent swing low. Shooting for a 1:1.
NYSE:JNJ
JNJ is in multi decade uptrend peaked at 187 – presumably end of major wave 5 and turned into Elliott ABC correction, where major wave (A) length is about 37. Per fibo relation major wave (C) should most probably end at 139.5, while intermediate wave ‘c’ – a unit of the major wave (C) might break the pattern bringing the end of correction to 133 and...
Johnson & Johnson (NYSE: NYSE:JNJ ) has kicked off 2024 with a resounding victory, showcasing robust first-quarter earnings that outpaced Wall Street estimates and signaling a promising trajectory for the rest of the year.
The pharmaceutical giant reported an impressive adjusted EPS of $2.71, marking a remarkable 12.4% surge compared to the previous year. This...
Johnson & Johnson (JNJ) quickly hit the $147.00 Target that we set on our very recent sell call (April 03, see chart below) and is now approaching the bottom of the massive 2-year Channel Down:
Even though based on the very reliable and consistent Sine Waves, the bottom might be a process that can take up to 2-months, the stock is low enough for medium-term...
Executive Summary:
The investment landscape for Johnson & Johnson (JNJ) appears fraught with challenges, as technical indicators on the monthly chart convey a narrative of heightened caution. A synthesis of volume data, oscillator behavior, and cloud-based resistance delineates a precarious pathway for the equity. Amid the backdrop of an imminent earnings report,...
Earnings Outlook:
Analysts are projecting earnings of $2.64 per share, a slight dip of 1.5% compared to the previous year and with revenues estimated to be around $21.38 billion, marking a 13.6% decrease year-over-year, there are certainly some intriguing dynamics at play.
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I'm...
Demand Zone
Long 152.40
Stop 145
Target 162, 173
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Looking at NYSE:JNJ and i realise that the pattern has activated this is one stock unfortunately am going to miss out on the entry
but am going to share it with you
am currently trading FX_IDC:EURUSD because of the jobs report coming out this Friday
this one showed up on my strategy screen
so instead of letting it go to waste I thought i share it with...
Johnson & Johnson gives a very clear idea of its trend on the 1M timeframe. The price may be under the 1D MA50 but has reached the bottom of the multi year Channel Up that started at the bottom of the 2008-2009 crisis. Being neutral on the 1M technical outlook (RSI = 45.714, MACD = -1.180, ADX = 20.525) has historically been one of the best buy opportunities, in...
Johnson & Johnson (JNJ) got rejected on its 1D MA200 (orange trend-line) - 1D MA50 (blue trend-line) Resistance Zone. It has been practically trading sideways since the start of the year and based on the Sine Waves, that priced the new Top (Lower Highs trend-line) of the 2-year Channel Down pattern.
The expected completion of a Bearish Cross this week on the 1W...
Johnson & Johnson is currently on a bearish trend on a Monthly timeframe.
I'm expecting the price to go back on my supply zone around 165 to take a short position targetting 108$ at least.
Short trade risk :
6% upside (risk)
33% downside (profit)
Buying is a very good strategy especially now that we are entering an AI Bubble Market
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So what is a bubble market? you may be thinking
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Well, a bubble market is when the global recession is on while some stocks are hitting new highs for example Nvidia NASDAQ:NVDA , IBM NYSE:IBM And Amazon NASDAQ:AMZN .
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But with this chart, we have a stock you can...
Forming a beautiful flag pattern with upward trend, with a short term target of $166 and then next target around $170.
Overall trajectory is downwards, unless it breaks that downward trend.
