JNJ trade ideas
Mid Term J&J sketch. Johnson & Johnson. Post close of NYSE -1/26/2021.
My sketch of J&J indicates:
that we have broken above LT trend line and have gained momentum ahead of ST Trend line.
we have a perfect FB setup with a Retrace to? 0.5 is my guess.
interested to see if Momentum indicates a strong trend redirect and the beginning of a fourth EW.
Note: I did not use support / Resistance in this chart but may take a look tomorrow at shorter time frame to see where the daily traders are pressuring.
Cheers !
Johnson&Johnson breakoutThe johnson and johnson breakout will not be stable and possiblities are high it will pull back into the trend channel. RSI is overbought and usually JNJ is uptrending slower in the past.
Good news are possible fighting corona, but market should have took this into attention.
Hold if you have the stock or buy it when it comes down a little.
Johnson & Johnson earnings tomorrow at 6:40amJohnson & Johnson earnings are tomorrow at 6:40am. My range is low $157, mid $162, high $167.
4th Quarter December 2020
Consensus =
EPS: $1.81
Revenue: $21.73 Billion
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
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Revenue
Earnings
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Ascending triangle breakout, record annual income projectedTextbook ascending triangle breakout. I took a look at net income as a sanity check, projected to be record setting. Swing trade, could drop back down to triangle top for retest, set stop below that. Price target is the height of the triangle above the triangle, hence a copy of the triangle being used as a reference. Set target below that to avoid psychological whole number resistance.
JNJ BullishJNJ is a federally subsidized company and is currently making new highs. It is in the S&P500, and has been a consistently bullish stock throughout times. Right now it is in the middle of an upwards move. JNJ is one of the companies that has been producing the COVID19 vaccine.
I hope you have a wonderful holiday I will see you all Tuesday
Easy bullish trend for Johnson & Johnson (JNJ)Fundamental Analysis.
1. Industry: Corona Vaccin ++
2. Price: Relatively Cheap
3. Upward potential: 20-40%
4. Risk-Reward Ratio: 1:10
Technical Analysis.
1. Volume is growing
2. Support of the MA30
4. Financial Morningstar Score: A
4. Growth rate: 93%
5. Short-term target: 180
6. Long term target: 200-
7. High Dividend Rate
Johnson & Johnson (JNJ)JNJ is well positioned for an interesting 2021 as COVID vaccine is a driver of growth and rebound in its Medical Devices Division should propel the stock price to new highs. Unlike the vaccines from Pfizer (PFE) and Moderna (MRNA), Johnson & Jonson's vaccine only calls for one dose in the treatment regimen. This stock offers worthwhile risk-adjusted, total return potential with a dividend yeld of 2.80%
JOHNSON & JOHNSON D1Johnson & Johnson Company is one of the largest hygiene products companies. The company's shares have recently reached historic highs. The global pandemic influenced this significantly. Because the company's products at that time were in great demand and the company received quite large profits, which became an incentive for the growth of the company's shares. But most likely this is not the limit and in the near future we will be able to see the next maximum. The situation with the corona virus does not end, but rather picks up a new wave. What the statistics say. And although vaccination has already begun in many countries, it is unlikely that this will quickly solve this problem. Thus, the company's products will be actively sold and continue to further stimulate shares to grow.