JNJ trade ideas
JONSON & JONSON D1Johnson & Johnson Company is one of the leaders in the production and sale of hygiene and care products. The shares of this company are among the first echelon of the American market. And they almost always provide stability for investments. After the market collapse at the beginning of the epidemic, the company's shares managed to reach a new historical maximum in their price. Now the asset has undergone a completely logical correction, after which we can most likely expect the uptrend to recover. The active development of the disease around the world has led to a number of new lockdowns and quarantine restrictions. The violence of all the planet is trying to protect itself as much as possible from the disease, and therefore takes all measures for hygienic prevention. Of course, there will be an increased demand for the products of the Johnson and Johnson company at this time. What will entail an increase in profits and, of course, an increase in the company's shares !!!
$JNJ will bounce - Dip opportunityI love JNJ long and believe that they are going to be fine with the recent COVID-related dip.
Their vaccine could do more damage than AstraZeneca's and governments will still buy it in order to herd the sheep.
You need to understand that JNJ is so much more than a vaccine company.
Expect this stock to go back up to the $167 level, as well as breaking the $170 level as well.
A great swing trade (buy covid dips), and I also love this long-term.
Lots of money to be made here!
*Not a financial advisor.
**Don't judge me on my winners. Judge me on my losers, because there are so few.
JNJ still looking weakStill retracing from a recent run-up. The previous week's profile looks like a 3 to I selling day, so might see more downside into next week, hopefully to 160 or lower. I'd want it to be 160 or under for a long.
WAIT!WAIT to see if it pierces the resistance lince (BUY) or is going to direct towards the support line (SELL)
JNJ LongJNJ in the process of making head and shoulders pattern targeting $170. Waiting to pass the nick line (green zone)
Sharing my thoughts and observations on JNJSharing my thoughts and observations on JNJ. I think that confirmations are in place to see a fifth wave unfolding. SL set at what seems to be the end of Wave 4 and TP on the projection from 3 to 4 (reverse Fibo -38%). RR 2.2.
JNJ BULLISH BREAKOUT With good news out regarding the one-shot vaccine and multiple bullish signals this could be a great play.
Descending wedge and potential inverse head and shoulders could see price rise to £170 and beyond.
Beware of some resistance around £165.
$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
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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.
