JNJ: buy opportunity here?hello everyone. there is a long scenario for JNJ here. i will open long position after break out.by mahdiehd3540
JNJ reached a very high peakRegarding the stock of Johnson and Johnson, it reached a very high peak, now it is time to go down, and this is based on the relative strength index, as it gives us clear selling signals, which are as follows: Negative difference Retest a broken trend Probability of a harmonic pattern It is better to wait to reach the level of 61.8 on the rsi and enter into a short position.Shortby nickwalter70