JNJ @ $156.55Buying is a very good strategy especially now that we are entering an AI Bubble Market
--
So what is a bubble market? you may be thinking
--
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 .
--
But with this chart, we have a stock you can short.
As you look at this chart notice that the price is below the parabolic SAR?
--
This means its a safe bet to short-sell at this position
but remember to exit when the Parabolic Turns
--
Also another strategy which i love is called the rocket booster strategy which you can use to combine with the strategy above.
--
Check out the resources below to learn more about the rocket booster strategy.
--
Also rocket boost this content to learn more.
--
Disclaimer:
These are just ideas please do your own research before you Buy or sell anything. This is not financial advice.Take this as a warning you will lose money trading.
JNJCL trade ideas
Waiting for a pullback and reaction at the support levelAfter the price bounced off the resistance level, we wait for a return to the support level. We expect a reaction at the support level in the form of a candlestick pattern or a technical analysis formation, such as a wedge or triangle. When an opportunity arises, we take a long position. We set the stop loss below the support, and the take profit at the next resistance
Johnson & Johnson breaking down?Johnson & Johnson broke below a decade-old trendline after recording the highest sell-off volume in its history and remained suppressed below the 50-month Moving Average. Technical resistance will be at play and the probability of breaking higher is pretty low unless some fundamental forces come into play.
The entry price is a bit pessimistic but such a huge sell volume on a three-month price decline can suppress the price. Plus a Bearish stochRSI divergence and an expected decline in earnings. Maybe we will see a gradual decline in the stock price.
Worth monitoring.
Johnson and Johnson: Can you catch a falling knife?NYSE:JNJ is not an exception to the falling share prices due to the macro-economic environment. Despite this company’s Q3 results beating the wall street estimates, the stock price keeps falling. We are expecting a rebound soon as confirmed by the Nedium indicator.
This trade is quite aggressive now but the conservative traders can wait for price action to show a low forming because we believe the price can fall lower before the bull run and that's why we have a wide stop loss.
Trade Set up
Entry price: 145.60
Target price: 183.69
Stop loss price: 127.36
If this idea was helpful don't forget to hit 'like'
Bearish on JNJ.
I was bullish on JNJ until I saw this today. We have broken through a long time support. With a strong Heikin Ashi candlestick. I am waiting to see if there is substantial volume at the close and then I would enter some maybe week out puts. The green line would be my profit target for JNJ. #jnj #puts
Bullish trend swing trade.
As you can see here on the daily time frame, we have respected this level on the weekly time frame support level. I am watching to buy at the close of a strong green heikin ashi candle stick bounce off of this zone with high volume. Keep your charts simple! As always, thank you for watching and reading my analysis.
JOHNSON & JOHNSON Double buy entry.JNJ touched Support (1) at 153.20, a level holding since June 1st.
Along with Support (2) at 150.10 are the major buy levels for the long term.
The medium term Resistance is the MA200 (1d).
Trading Plan:
1. Buy on the current market price.
2. If Support (1) breaks, buy on Support (2).
Targets:
1. 162.00 (expected contact point with the MA200 (1d)).
2. 161.00 (expected contact point with the MA200 (1d)).
Tips:
1. The RSI (1d) shows that the stock price in the past 12 months bottoms a little after the RSI forms a Double Bottom. It makes a slightly lower low. Be on the look out for one.
Please like, follow and comment!!
Strong Support zone with Upside PotentialSince 2022 JNJ is trending sidewards, testing the zone from $155 to 150$.
We are close to this zone, so a potential buy opportunity is coming.
Buy zone between $150 and $155, Target is $180 which is still under a fair price of $200
Stop should be near $145, if this break, the price could fall further down near $130 or worst case to $110 if the momentum is to big.
JNJ - head and shoulders hi Traders
JNJ looks pretty bearish now.
We can observe a head and shoulders pattern on JNJ.
The breakdown is happening right now so it's still early to take a short position.
Take profit and final target are shown on the chart.
If the price bounce back and we get a bearish retest , it would be also great opportunity to add more into the short.
Good luck
How To Analyze Any Chart 📚📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Today we are going to go over a practical example on #JNJ , but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
J&JOHNSON, Ascending-Triangle-Formation, Completion Incoming!Hello,
Welcome to this analysis about the stock JOHNSON&JOHNSON, looking at the 4-hour timeframe perspectives. In my analysis recently I detected an interesting formational structure with J&J which has the ability to show up a determined breakout. As the corona pandemic moved on there emerged several pharmacy companies wanted to invent the covid-19 vaccines, one of them is J&J, now as these vaccines finally emerged there have been sharp rallies in the other companies already especially when the demand at the beginning of the vaccine launches has risen. Now as the demand keeps increasing and the companies distribute to new markets these demand-runs come in waves, as traders we can catch such opportunities in the market when the fundamental signs also give a positive indication for a rise or a fall in a stock like it is the case with these pharmacy companies in the last months.
From the technical point of view, J&J is building this massive ascending-triangle-formation with the waves A to C already completed. Now J&J is about to form the wave D and this wave D so far has shown up with increased volatility to the upside which is a good sign. Furthermore, J&J managed to bounce in the 200-EMA and the next time we can expect the stock to rightly test the upper-boundary as it is marked in my chart from where the wave E will have its origins, when then the wave E manages to stay in the channel and possibly also bounce in the blue confirmational-bounce-cluster this can lead to the final breakout and completion of the ascending-triangle-formation. In this case it is highly necessary that there do not come any bad news for the vaccine distribution such as a break in the supply chain or something else that can lead to a decline in the stock, when this not happens the breakout is likely to show up after the wave-count completed.
In this manner, thank you for watching my analysis about JOHNSON&JOHNSON with the current fundamental aspect as well as the major triangle-formation forming, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.