JNJ Elliott Wave
Updated
Looking for a long Wave 3 to continue higher from here. There was some nice sideways action over the last few moths. Earnings came out on October 17th, sending price right through the old resistance, and initiating what I believe was leg 1 of another 5 wave move.
Trade closed: stop reached
Stopped out on today's push lower. I may consider re-entering if I a reversal becomes apparent.
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