JNJCL trade ideas
$JNJ with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $JNJ after a positive overreaction following its earnings release placing the stock in Drift B
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JNJ (NYSE) - Still BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
JNJ (NYSE) - Still Bullish
Johnson & Johnson (JNJ) Buy Signals on D1.Johnson & Johnson (JNJ), D1: Support line + Mirror level + Bollinger bands + Inside bar
Dont get too excited..you know the drill.It's one these 2 bar reversals on unconvincing volume for the upside.
Fools rush in..with vol there should be no Fomo.
It's a good time to set up a portfolio for the next 3 years in mind not just hopes on covid vaccines etc!
Validate supportTwo bar reversal set-up..weak volume however.
Validate support for a long trade.
- beta play SP50
- covid vacine
- growth (fiscal support)
JNJ Watching for a BreakoutLooking for a move up soon.
Have to watch carefully. Detail on 5 Min chart was more accurate, but TV doesn't allow publishing on that timeline.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
JNJ Stock analysis version 2 Going long on JNJ
- Bounce on EMA 100
- Hidden Divergence (Continuation of Uptrend)
- Bounce on the trendline
- TP Fib 1.272 or 1.00
Long Term JNJThis morning I am putting on positions in NYSE:PG and NYSE:JNJ as long term holds.
They both fulfil my thesis that if Sector Rotation theory holds the next sectors to outperform should be Consumer Staples and Healthcare. Both companies represent these two sectors in ways. I like their chart patterns as they are right now within pullbacks. These are also good dividend paying stocks.
Our trading plan on JNJ Today we will share our view and trade idea on JNJ.
First, let's start with the Weekly chart, so we can make an idea of the big picture:
Here, we can see the price inside a huge ascending channel. The price reached the upper trendline, and we saw a clear rejection there. Now the main conclusion of this is:
-If the price is not able to break above the ascending channel, we can expect more bearish pressure
-If the price breaks above the ascending channel, we can expect more bullish pressure
As we are not interested in taking short positions on stocks. Let's see how we plan to trade the bullish scenario in case it happens.
-On the 1H chart, we can see a clear corrective pattern on the edge of the Weekly ascending channel (ABC structure). Corrective patterns are continuation structures that tend to continue in the direction of the previous trend once we have a final structure breakout.
-The Current corrective structure is supported on a key zone. which is an important level to pay attention to.
-IF the price breaks the green line, we will consider that a confirmation of the current view, we plan to open positions towards the Final target, and we will protect our setup if the price reaches the first Fibo Extension. Our stop loss will be set below the structure. The risk-reward ratio we are looking at here is 2.4. and the expected duration of this movement could be from 3 to 5 months.
JNJJohnson & Johnson have a median target of 185.00, with a high estimate of 201.00 and a low estimate of 153.00.
The median estimate represents a +13.80% increase from the last price of 162.57
Now might a Good chance to setup JNJWatching 2021 National Governors Association Winter meeting today host by NY Governor, US president has expected to roll out JNJ vaccine once FDA approve.
Signal pre spiking
1. Volume is above average trade volume
2. Price consolidating with forming triangle
3. Price is below MA 150 & 200 might be undervalue
My concern
1. No news regarding pre order for JNJ vaccine
2. Competitor - pfizer vaccine is better with high effective rate
Leave you Dummmmps!!
*More dumps up More watt
Thank you Guys!
$JNJ BULLISH. 163.53$jnj catalyst, the approval of their vaccine, w the need for vaccines this can be lucrative for retail traders.
$JNJ is currently forming a double bottom on the daily time frame, right around that 159.80 with the price being bought up roughly around that 50 ema. Price took off earlier today but got over extended, right now we are pulling back right around that 163.53 which is where the 21 & 9 day EMA for another bull run, with the postures of the indicators on the DAILY, looking strongest I see upside potential.
New Bullish trend for Johnson&Johnson or... ?JNJ was made beautiful double bottoms where later than is made breakthrough resistance line and now he's back to testing.
Setups what needs to be looking for is if the price bounce and go up, or if some correction will happen to us, ABCD pattern looking pretty interesting...
If JNJ will rebound from support line, price target what we are will looking for is approx. at 186 or more if JNJ will give us ABCD patterns.
Market now is in very hot situation where we will see who is gonna win at this moment, bulls or bears.
Thank you for reading, feel free to leave like or comment if you like my analysis and work :)
JNJ - Long (Beware of news)Just beware, zone sometimes get blown through due to market talk. Make sure you have a stop loss set in place before you get into trade.
JNJ (DJIA) - Be carefull for retracementHumbled, we would like to thanks for your support who has already liked, commented and followed us.
Your support, strengthens us, to help in analyzing the market.
JNJ (DJIA) - Be carefull for retracement
Johnson & Johnson Buy📈 NYSE:JNJ Long D1
🛒Buy above = 168.04
🎯Target1 = 173.36
🎯Target2 = 176.65
🎯Target3 = 181.98
⛔️Stop-loss = 159.42
❌Cancel trade = 159.42
