JNJ trade ideas
JNJ: All roads lead to 147It is crystal clear from this chart and various types of analysis that JNJ is in a zone that will probably lead to at least the 147 range. We can see a shaded channel that the stock has been ascending in for several months. We can also see that volume has been steadily increasing at a sustainable pace. From the wave count (please study Elliot Wave theory if you don't understand this) it is clear that there is a 70% chance JNJ will top out between 148.28 and 156.58 using Fibonacci levels derived from wave 3- trough to peak, and wave 4- peak to trough. Based on the standard assumption that the fifth wave will be more or less equal to the first in magnitude this would project a conservative target of at least 147 coinciding with the channel. Lastly please note that stocks and markets in general respect support and resistance levels- not specific time frames with the point being that I don't know when this price will likely be reached, just that its probably coming. Needless to day nothing is ever certain in trading so always manage risk and deal in probabilities, good luck.
Please feel free to leave feedback, questions and criticisms welcome.
JNJ retest of 52 week highs?JNJ shares are gaining as the sector is ripping. A retest of prior highs could be in order. Bullish trading activity suggests the momentum will continue.
JNJ potential breakout*SSB Grad Contribution*
Price surged after earnings report was released. Let's wait and see if price is able to break resistance and confirm support & breakout.
Johnson & Johnson short soonThe structure may turn out to be a flat. mid-term downside before the trend resumes to the upside
$JNJ - Leg CD - LongForming a nice ABCD Pattern. Looking to start a new position. Stop loss and price target identified on the chart.
Johnson & Johnson Announces Offer to Acquire Ci:z Holdings CoJNJ,TOKYO: Johnson & Johnson
2018-10-23 03:08:00
Johnson & Johnson Announces Offer to Acquire Ci:z Holdings Co., Ltd.
Cup and Inverse H&S Handle on JNJLast week I published an idea on an Inverse H&S on JNJ that was good for a $7 rise. When I zoomed way out, saw that the Inverse H&S I was looking at was the handle to a much larger Cup and Handle pattern that has been forming all year. A breakout of the Inverse H&S should send the price over the rim of the cup, signaling another larger breakout, potentially to $166
Possible Cup and Handle on JNJBeen tracking JNJ for a few days now. It's been following pretty predictably after an inverse H&S at the bottom and has been on a smooth ride up since. There's strong resistance at the $140 line, and it has already bounced off of it twice. If it crosses, we could have a potential breakout to $152.
JNJLooking for a slight retracement. Strong divergence on MACD and MACD histo.
Chart used for my own historical reference. Any input is welcome.
$JNJ see if it wants to get upIt hits the support today and then went up with nice looking white candle with nice long bottom tail.
Overall still uptrend.
Johnson & Johnson strong buyAs you can see from the weekly chart the price historically respects this strong support and resistance line, the price has now broken this line so we are expecting further bullish movement both from fundamentals and technicals.
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Johnson & Johnson stock analysis it is for mid term..
red horizontal lines are targets..
take your profits and use stop loss and sell some percentage at every target to get good average profit.
happy trading..
Buy the dip on #JNJMy custom built "buy the dip" indicator started to give BUY signals on #JNJ a few days ago; factor confluence was given by the gap closure (see yellow box) where price action printed a neat bullish outside reversal candle at key support level.
Got in @ $130.65 and still riding
Johnson and Johnson (JNJ) breaking outJohnson and Johnson NYSE:JNJ a component of DJ:DJI is breaking out.
Waiting patiently for a really nice buy opportunity -- JNJI expect that we get this next month - although there is a chance we have already got it. I will be waiting though.
