Johnson & Johnson
Updated

JNJ watch $156.72-158.17: Double Golden zone to determine Trend

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JNJ consolidating around a major zone defined by dual Goldens.
Key is Golden Genesis at $156.72, and Golden Covid at $158.17
This is an important zone that everyone is now keenly aware of.

Trade active
Zone in PLAY
snapshot
(yellow shaded area is from posting time on)

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Zoom in a bit (M15)
snapshot
We got a LOUD Ping on the Golden Covid (dashed) fib.
"Give me a Ping Vassily", like you can almost HEAR the hit.
"Not all Pings start a Reversal, but Most reversals start with a PIng"

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Lets see if that was local top.

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