Johnson & JohnsonUpdated JNJ major support...must hold, buying a few shares here
the inverse head and shoulder failed,
JNJ is now close to the bottom of this multi-year flag...it must hold or a bigger flush may occur, given the stability of the company, I am leaning towards a bounce and buying a few shares for the long term
no options till price close above the 9/21 EMA on the daily (at least)
Order cancelled
Holding on for dear life, I will continue to buy shares for the long term, a few per month, but the options trade is a no go
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.