JNJ following earnings
JNJ - Beat earnings estimates in sales and EPS. They had a great earnings and chart is looking very good here. Will be watching 171 as a key support on Monday and 172 area as resistance. Would like to get a dip buy to 171 as long as it holds but I will be looking at 175 calls for a potential swing trade with a PT of 175+. If we don’t hold 171, this could easily pullback to the ascending trend line support.
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