JNJ
JNJ approaching support, potential for a bounce!
JNJ is expected to drop to 1st support at 126.51 where it could potentially react off and up to 1st resistance at 133.47.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
JNJ approaching support, potential for a bounce!
JNJ is expected to drop to 1st support at 126.51 where it could potentially react off and up to 1st resistance at 133.47.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
JNJ approaching support, potential for a bounce!
JNJ is expected to drop to 1st support at 127.73 where it could potentially react off and up to 1st resistance at 133.47.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
JNJ approaching support, potential for a bounce!
JNJ is expected to drop to 1st support at 125.01 where it could potentially react off and up to 1st resistance at 133.42.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
JNJ approaching support, potential for a bounce!
JNJ is expected to drop to 1st support at 129.46 where it could potentially react off and up to 1st resistance at 129.67.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Get High Returns: Long PsycheMedicscompany with a few decades of history, niche product/ market, remains fairly innovative
debt vs. cash +cash flow is net positive. low share count float
Buyout Target
J&J vs opioids (Johnson is winning)Fundamental analysis
In one of the first state opioid cases, an Oklahoma judge ruled against Johnson & Johnson, awarding the state $572 million, well below the over $17 billion the state was seeking in damages.
Meaning... out of the 17 billion, they lost only 3.36%, and they expect to appeal the case, probably lowering this amount.
Technical analysis
On a technical analysis, I still think the risk reward ratio is too small to enter a position now. But technicals are good (not great). So I am keeping this on my watchlist.