An 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.
A 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!
Price 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...
The "Short" opinion expressed is on a mere technical, and medium term, factor. JNJ is one of the top rating notch in USA with an AAA. In or view the company is really well managed with an interesting dividend yeld of 2.9%. In 2018 we still belive that earning per share could reach 7.00 dollars, and in 2019 8.00 dollars; the Vision Care and the Surgery business...
another booring slow moving company that needs to pullback zzzzZZZzzzzZZZzzzzz
J&J short long Buy: 123.8 Take Profit: 129.3 Stop Loss: 123.5
Bounce at the lower trend line support...
JNJ has had a good run since the beginning of 2017. Although, the stock price has dropped from a high of $148 to $122, I think reality is catching up with investors that equity valuations have been quite expensive and that it is time for some correction. I believe the fundamentals of the company remain strong although the liabilities with rising interest rates may...
I think the trend is increasing and it change in the circle that i drew
JNJ shares Buy Idea @ Weekly Demand Zone (114.70 - 110.71) Buy Limit: 114.70 Stop Loss: 109.07 Take Profit: 128.32
I see prices going lower, possibly close to the 120.00 Region. We could see a potential bounce on this region, however prices could of course go a lot lower and reverse up to highs of 136.00. Let's Wait And See !
Johnson & Johnson has been honored for its dedication to people, innovation and the health of people around the world! Therefore, A Model Company. Economically, a new blockbuster is emerging! The company has received a takeover bid for its blood glucose control business. The investment company Platinum Equity is willing to pay 2.1 billion US-Dollar for this...
Wait until the candle closes above the trendline and then buy in antisipation that JNJ will go up in price.
This is a good neutral trade candidate. I took one on it. A straddle.
JNJ is currently forming a bear flag, which if confirms to the down side, projects to drop into the box (around $117.50). Lots of resistance overhead, all the moving averages and the .236 fib at 133. The more time JNJ spends below 133, the more likely it is to break down. Trade carefully
Long JNJ via short put spread. Short Mar16 125/130 put spread for $1.10. POP: 69% BPR: $390 Max loss: $390 Max Win: $110 Target: 50-60% of credit received Stop loss: Price at $127 or $350ish loss. short 130 put: 37 delta long 125 put: 15 delta If this starts to get really ugly, I may pull off before $127.