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JNJ

JNJ - Support Confluence Can be Nice BuyHi Guys, the opinions expressed ere are of my own. This is not financial advise and i am not a financial advisor. Okay lets jump right in! This is on the WEEKLY timeframe. Since JNJ is a divi stock, this for me would be long term hold or swing. Indicators: 1. 200 Week moving average (red line) - ABbreviation= (200 "WMA") 2. RSI Historically, as you can see everytime JNJ comes down to the Red line, the 200 Week Moving Average, it has been majority of times a good place to buy. Not only that we are hitting a support line that has held since January 2021. This is confluence, of 2 major supports, adding favor in my opinion to buy here. I would wait for this weeks close on the weekly time frame to gauge at the condition of the candle. But generally, a bottom wick is a good sign and shows buying pressure. The RSI is also in oversold territory. It can be that we go further indicating some more downward pressure. BUT looking at past history, it has always been a good opportunity to buy when RSI goes below the green line i drew. Stop loss for me would be around 5% below the weekly moving average. Ofcourse price action CAN crashes below the 200 WMA like some of the situations in history for example my "eh". But thats why we protect ourselves with stop losses. Anyway, tried to keep this simple. Hope this helps. Let me know what you think! Like, Comment, Follow! Thanks Disclaimer: The ideas expressed here are my own opinion, this is by no means financial advise. I am not a financial advisor. Just a student of the charts expressing!
NYSE:JNJLong
by SafofAllTrades
5
JNJ - 3 Day Timeframe - Area to load up??Hi guys welcome. The ideas expressed on this chart are my own opinions. This is not financial advice and i am not a financial advisor. Im a student of the charts and do this to improve my skills. Anyway, i posted a JNJ chart last week on the Weekly timeframe. Mentioning how it could be a good time to buy some as we are touching up against the 200 week moving average and hitting some major support. This chart is looking at JNJ on the 3D timeframe. Zooming in just a little bit. I will follow this with a daily chart next to zoom in even more. Please note: The current candle on 3D will close on the 24th. So this current move is not yet finished and i believe we could touch the support line again or even wick down below. But as coinciding with the 200 Week moving average on the Weekly timeframe, this if history is any indication generally a good time to get some exposure. (please check the weekly JNJ chart below). So like the previously posted chart on weekly, ive circled in green some instances in the past where it was essentially a good swing trade entry point. It can also be an area to load up for investing since long term trend is up and it being a dividend stock and all....... (this is not financial advise!) For this chart, the story is told in the indicators ive provided. From top to bottom: 1. STOCH RSI - momentum indicator 2. MACD - momentum indicator 3. RSI - supply/demand indicator The RSI to me sticks out the most, as we are below the 20 level and the most "Oversold" we have ever been since March 2020, (coinciding with my weekly chart of the price action going below the 200 wma briefly). To add confluence and support to this idea, i added the other 2 indicators to show oversold momentum areas. And all 3 indicators mimic'd similar patterns to those past instances. The conditions that need to be met simultaneously to buy: 1.on 3D timeframe: 1. RSI below 20 level 2. MACD below 0 level, red bars 3. STOCH RSI below 20 level 4. Price action below 200 dma on 3D timeframe 2. on weekly timeframe: Price action (candles) touching or below the 200 week moving average I like this current area as not only are we touching the 200 weekly moving average, we are hitting some major support. (Check out my weekly chart for more info on this) Make sure to check it out yourself on your charts! Let me know what yall think. Please comment, like, & follow if you liked this analysis. Remember to trade responsibly, to set up your own strategies and to protect yourself with stop loss. Disclaimer: This is not financial advise, i am not a financial advisor. This info is only my own opinion on the matter of TA.
NYSE:JNJLong
by SafofAllTrades
Index investing vs individual stocks investingI picked on random a popular US pharma stock , J&J which was in the news recently for being fined 9.8 billion dollars and compare it with the US stock index , SPX 500 over a rough 20 years period. So, say you are 30 years old back then and you put the same amount of money, $10,000 into each of these assets. 20 years later, the stock you bought, J&J would yield you an estimate of 250% growth , that is from 10,000 it becomes 25,000. This of course excludes dividends income to simplify things. On the other hand, your 10,000 in the index, SPX500 would yield you 430% returns or from 10,000 to 43,000. This is an additional gain of 18,000 more than if you had picked up individual stock on your own. Of course, there are plenty of stocks that could yield you triple to quadruple digit returns over the same time frame which I did not cover here. My point is picking up individual stocks would require more research and homework on your own, understanding the industry, company's financial performance, economic moat, projection into the future, etc. Would anyone have thought a 163 years old bank like Credit Suisse would suffer its fate today ? I seriously doubt so..... There is a great margin of safety in investing in the index as it is a basket of stocks and those that fails to meet its requirements would be replaced by another company. And that takes the load off your mind to do the due diligence. It all depends on your capital, risk appetite , personality, objectives of investing, time frame, etc in deciding which asset class to go to. Some prefer stability and peaceful night sleep and less hassle while others enjoy the roller coaster ride and adrenaline rush of seeing the stock performed better than the index. To each his own, no right or wrong, really. You can also place half your capital, 5000 into the stock and 5000 into the index. That will give you a total return of 30,500 which is very good too. I wish you all the best in your investing journey. Enjoy the ride!
NYSE:JNJLong
by dchua1969
3/30 Watchlist + Notes SPY - Interesting day on SPY. We said yesterday that the markets could realistically go either way, but we were watching more so to the downside due to the failed 2U formed on Monday that was followed by a 2D yesterday, and having that small bearish bias by simply playing what is in front of us vs using other reasons for bias. SPY ended up gapping up premarket and closing green on the day with little to no upside wick. Based on today's movement, I believe that we will see some continuation to the upside tomorrow. With that being said, we still have the gap created in premarket to fill. I think that we will test last weeks high at 402.49 either tomorrow or Friday, but I do think that it will happen at some point sooner rather than later. I am open to playing both sides tomorrow, but it will depend on whether we break today's high and test last weeks high, or if we break today's low and try to fill that gap to the downside. It is worth noting also that we are sitting on the weekly upper trendline Final thoughts: I am forced to have a bullish bias for tomorrow, which I believe to be about 75% valid. I still think there is a chance we fill that downside gap before pushing higher Watchlist + Bias: AMD - 2-1 Daily: Neutral COST - 2-1 Daily: Neutral PFE - 2-1 Daily: Slightly Bullish GOOG - 2-1 Daily: Neutral NFLX - 2-1 Daily: Bullish JNJ - 2-1 Daily: Slightly Bullish FDX - 3-1-2U Weekly: Bullish - Today we broke out of the 3-1 weekly setup to the upside. Looking to target 226.06 Main Watch: JNJ and GOOG JNJ - Weekly chart is indicating we have hit a low and are looking to reverse to the upside soon. Going into tomorrow, I am hoping to see us continue up to the 154.13 level before hopefully taking out 154.54 GOOG - GOOG has room to both sides. There is a large FVG on both sides as well that relate to my targets for each side. To the downside, we have a daily FVG at yesterdays low of 100.28. To the upside we have a FVG starting at yesterdays high of 103.00, and I also have a target at the 50% retrace of that upside FVG at 103.87. Both of these targets are easily attainable in my opinion for tomorrow depending on which side we break out to. I don't have a bias as to which side id rather play, but I think that it will more so depend on how the markets are moving as a whole tomorrow. Remember, with these 2-1 setups, we are looking to play WITH momentum and not fight it. Yesterday's Main Watch: MRNA: (Status:) Loser (Personally Trade?) No MRNA broke yesterdays high within the first 5 minutes of market open, which is not what we were looking for. We were looking to play downside only, and because of this movement, we did not enter. It is worth noting that both times MRNA broke yesterdays high, it was almost immediately shot back down, which shows that we would have gotten smoked if we tried playing upside. This is a good example of why we look at longer time frames like the weekly and monthly to develop a bias, and then stick to that bias. Watchlist Stats For The Week: 2/3 on SPY predictions 2/3 on Main Watch Plays Top Winner: NVDA (75%+) Personal Stats: 4/6 For The Week: Overall Green/Red?: Green (Day and Week)
AMEX:SPY
by Alanger17
Johnson & Johnson (JNJ) | Inside an Optimal Buying Zone!Hi, The market has made some pretty good moves up and the current slight correction is bringing prices back to technically good levels and Johnson & Johnson is one of them. Johnson & Johnson (J&J) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer goods. Technically, it has been quite difficult to get it (when there has been such a clear and strong trend, you don't have to be smart to understand that the fundamentals are fine with JNJ), because there have not been such sharp reversals, from which to find a support level and etc, but as you can see from the picture, it has not been impossible. Namely, the price of JNJ has respected a trendline for almost 10 years. The trend line is drawn from the closing prices (you can do it easily on the line chart) to eliminate the noise and the wicks that the various waves of panic have brought. JNJ has always been bought up very quickly and the growth has been steady. Also, the price has respected the 50-month moving average (50EMA) almost flawlessly, and at the moment the trend line and the EMA50 form a single punch and are together in one price zone. Technical criteria for a significant level of support: 1. Trendline, clearly proven in the long term. 2. The Monthly EMA50 has held nicely. 3. The resistance level that worked for three years in 2017-2020, around $150, will start working as a support level. 4. Short-term channel projection 5. Short-term equal waves from the top: AB=CD The optimal entry point should stay between $147-$160. Good luck!
NYSE:JNJLong
by VaidoVeek
NYSE:JNJ 13th FEBRUARY 2023The trendline is the most common part of technical analysis in forex trading. But when compared to support and resistance, trendlines are less commonly used. The trendline should be more significant due to the number of touches. Trendlines are very suitable in combination with several technical indicators, one of which is the Money Flow Index ( MFI ). MFI is an indicator used to measure money inflows and outflows from local and foreign investors in the stock. Since MFI measures money inflows and outflows, it also involves volume in its indicator. In other words, MFI also measures market interest in a stock (inflows and outflows are closely related to market interest). That's why MFI also includes volume in its indicator. How to read the MFI indicator is very easy, almost the same as how to read other indicators, such as the relative strength index, stochastic, and others. MFI has 2 main boundary lines, the overbought and oversold lines. The overbought line is at 80 and above. The oversold line is 20 and below (note the arrow above). This means that if the MFI indicator is at 80 and above, there has been too much money inflow from investors, which causes the stock price to rise, thus causing overbought. Meanwhile, if the MFI indicator is at 20 and below, there is too much money outflow from investors, which causes the stock price to fall, causing oversold.
NYSE:JNJLong
by DNP-FX
2
Potential 2-1-2 daily setupsPFE - failed 2u-1 on the daily, looking for more downside tomorrow. Put Trigger below 44.83. Put SL/Call trigger set at 45.32 JNJ - has a 2-1- on the daily. Feeling neutral but would prefer downside on this play. Call trigger above 169.62, Put trigger below 167.50. JNJ has earnings report tomorrow so be careful trading this one. (SL for call and put trigger is the other trigger) HTHT - failed 2u-1 on the daily. Big gap to the downside on the daily. Only looking at puts below 48.06. SL above 48.95
NYSE:PFE
by Alanger17
JNJ Buy Long on StrengthJNJ fundamentally is a cross between Big Pharm and Consumer Staples Recent Earnings were solid not spectacular but the latter is not expected here. Technically, JNJ climbs higher without much volatility, At the moment it is rising in a small cycle within the supertrend. Strength is increasing and some bearish momentum is exhausting. This is a low-beta stock and it does not react much to the larger broad market. I see this as a good time for a LEAP option for early 2024 at a strike 15% above the current price.
NYSE:JNJLong
by AwesomeAvani
JOHNSON & JOHNSON Can reach $190 by FebruaryJohnson & Johnson (JNJ) has been trading within a long-term Bullish Megaphone pattern since the January 26 2021 High. The pattern has been having very structured Higher Highs and Higher Lows. At the moment the stock is on a bullish leg, after rebounding exactly on the 1D MA50 (blue trend-line) on November 11 and is also above the 1D MA200 (orange trend-line). The 1W MACD is on a Bullish Cross and the 1W RSI rebounded off a Lower Lows (Double) Bottom formation. The exact same sequence was last seem early this year on January. After one last pull-back, the stock then rallied to the top (Higher Highs trend-line) of the Bullish Megaphone. The Higher Highs seem to be following the 1.236 - 1.5 - 1.786 Fibonacci sequence and so do the Lows (0.236 - 0.5 - 0.786). The 1.786 Fib extension is a little over $190.00 and that is our current long target on JNJ. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:JNJLong
by TradingShot
2
Incoming drops confirmed on Johnson&Johnson. JNJWhere are we going with this one? Very likely further down on the largest pharmaceutical firm in the world. As you can see confirmation has been crossed, signifying a start of a new zigzag. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:JNJShort
by Rykin_Capital
JNJ Looking for a temporary move higher.Johnson and Johnson - 30D expiry - We look to Sell at 170.59 (stop at 173.41) Daily signals are bearish. Daily pivot is at 170.27. Bespoke resistance is located at 170.00. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 163.06 and 161.06 Resistance: 168.00 / 170.00 / 174.00 Support: 165.00 / 163.00 / 161.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
NYSE:JNJShort
by Saxo