Johnson and Johnson Analysis! Buy or Sell! The Covid-19 industryHello!
We can see that we have an up movement on the graph but let me show you some things:
- Ascending triangle is on formation (bull signal) and when the price breakout the neckline I am looking for 100% target.
- Falling wedge on formation (sell signal), just in case the price break the trend line, I will follow the price till the nest support and after make a move.
Remember: A trend it's more often continues !
Enjoy!