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JNJ trade ideas
JNJ Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
JNJ on Day time frameJohnson & Johnson TF Day
1. The price is running in the parallel channel of uptrend.
2. You can open BUY ORDER when the price reach the lower channel.
JNJ: BUY THE DIPJNJ: an amazing long opportunity
~Every time JNJ has gone overbought on the RSI like it is right now, it has gone up very strongly
~JNJ is trading in a parallel uptrend for the most part since October 2020 (white area) with a few minor outlying price action movements.
^^ Price is touching the long term support line. Confirming the RSI foreshadowing.
~I expect resistance at 171, 174-176, 180.
^^Breaking 180 will let it soar to 185-187 (the top of the parallel uptrend)
Correction for JNJ... Rising wedge patternI expect a dead cat bounce to follow the Dow then a sell off.
TP 153-155
JNJ Bull9/17 $180 CALLS currently going for $0.26.
All vaccines are looking like they want to run (PFE, NVAX, MRNA) etc
One more jump before downtrend?JNJ has been coming off a slow moving uptrend and it seems to be slowing down
- JNJ looks to test the previous high
+ Fibonacci extension has reversal at $168.5
+ Bottom of the channel has reversal at $169.87 - $169
- RSI is heading close to oversold
- Price broke through pitchfork so it looks to hit reversal in the next day or so
- If the price high tomorrow is under $171.12 that is a good indicator of jump
- Price target: $173.22
168 bounce coming?I like JNJ, but would like it to travel down to 168 before breaking through my purple fib trigger line.
$JNJ - Double bottom & breakout in hourly, watch for contiuation$JNJ - Double bottom & breakout in hourly, watch for contiuation
JNJ Ready to Continue Rising HigherThe share price of Johnson and Johnson looks ready to rebound from the major resistance-turned-support area, underpinned by the 23.6 per cent Fibonacci retracement level at 175.61, and resume climbing.
The underlying uptrend appears to be taking the form of a 1-5 impulse wave pattern, as postulated by the Elliott Wave Theory. Thus, the recent correction can be perceived as the second retracement leg (3-4). If the price action strengthens above the 23.6 per cent Fibonacci, this would allow for the subsequent emergence of the final impulse leg (4-5).
If, however, the correction breaks down below the lower limit of the support, underpinned by the 100-day MA (in blue), this would likely mean that it could then be extended lower towards the 38.2 per cent Fibonacci.
$JNJ - Double top with RSI bearish divergence, puts below 177$JNJ - Double top with RSI bearish divergence, puts below 177
UPDATE Johnson and Johnson! Buy Scenario !Hello everyone!
As I said on my last analysis, we have 2 scenario because of the patterns on the graph (Triangle and Falling Wedge) :
Looks like triangle is more to happen, We have breakout of the support line and neckline of pattern.
We have risky buy from this position with a low SL and high TP, or the safety Buy.
Enjoy it!
JNJ One Last Effort for 180-185?JNJ is currently at the top of the Bollinger bands and as you can see, every time it goes to the top of the band on the daily chart, it usually drifts back down to the 20 SMA. May see a push for 180 as the price action seemed somewhat strong in the morning of 8/20/21, but died off late into the day.
Long overall, bearish in the short term if it doesn't go up on Monday, will probably drift down to 20SMA before resuming. In the case that it does get momentum to pop on Monday, will probably stall in the 180s as it waits for the moving averages to catch up.
My take is that if it trends down, I would enter at 175+
If it trends up, I would do a short term 180 call with targets 181
JNJ reached a very high peakRegarding the stock of Johnson and Johnson, it reached a very high peak, now it is time to go down, and this is based on the relative strength index, as it gives us clear selling signals, which are as follows:
Negative difference
Retest a broken trend
Probability of a harmonic pattern
It is better to wait to reach the level of 61.8 on the rsi and enter into a short position.
Johnson & Johnson Ponzied - CEO Steps Down - STONKLarge cap stonks & crypto Ponzi Pogs collapse. *valuation matters
Johnson & Johnson Stock Daily AnalysisHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The Johnson & Johnson stock is having a great Bullish movement right now, In the last week, the stock price has risen from 173.05 and reached 179.47 today. That's more than 3.7% in 1 week.
Both the short-term and long-term trends are positive. This is a very positive sign.
We are looking at 2 different Scenarios for the next period of time :
Scenario 1 :
The price has gone up and reached the resistance zone at 178.51 to 179.17 and its currently above it but it hasn't closed above it yet, That means the market is still moving in a Bullish way but until we have our confirmation we cant say the price is gonna keep going, but all the signs are Bullish After today's candle closes we will have our confirmation and the price will most likely continue his journey up reaching the 180.45 level.
Scenario 2 :
The price has gone up and reached the resistance zone at 178.51 to 179.17, Here the Bears has a Chance to show some control over the market action, The bulls are testing the Bear right now, And if the Bulls were to fail then the bears will take some control and we will see the price dropping from the resistance zone and its gonna be headed near the support line at 176.57, where a Battle will happen between the Bears and the Bulls and the outcome will determine the movement of the stock for the next period of time.
Technical indicators showing this :
1) The Market price is currently trending above the 5 10 20 50 100 and 200 MA and EMA (Bullish sign)
2) The MACD is above the 0 Line showing that the market is in a Bullish state, With a positive crossover between the MACD line and Signal line.
3) The ADX is at 31.68 showing that the market is currently trending, With a positive crossover between DI+ (36.78) and DI- (10.24)
Support & Resistance points :
support Resistance
1) 176.57 1) 178.51
2) 175.29 2) 179.17
3) 174.63 3) 180.45
Fundamental point of view :
JNJ has a Return On Assets of 10.07%. This is amongst the best returns in the industry. The industry average is -32.26%. JNJ outperforms 94% of its industry peers.
The Earnings Per Share has grown by a nice 14.55% over the past year. JNJ has an Altman-Z score of 4.59. This indicates that JNJ is financially healthy and has little risk of bankruptcy at the moment.
Biden administration officials reportedly plan to recommend booster doses of Pfizer and Moderna’s Covid-19 vaccines to most Americans eight months after they received their second dose. This could Affect the Johnson & Johnson stock as other company's Vaccine such as Pfizer and Moderna is being used far more often and being recorded for giving better result than the JNJ Vaccine .
This is my personal opinion done with technical analysis of the market price and research online from fundamental news for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
$JNJ - Triangle break out - Target $185The price broke above the triangle passed through prior all time high.
The measured move of the breakout is $195.
Look to take profit around $185.
Good case - $185
Best case - $195
Stop loss - below $172
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
JNJ looks promising for a breakoutJNJ looks promising for a breakout. With MRNA vaccines facing increased scrutiny in Europe, JNJ may benefit potentially.
Bullish on JNJJNJ is hovering at it's all time high, forming a cup & handle and just fired off a 'squeeze' (ala John Carter). So, I'm thinking it goes higher...
JNJ
Ascending TriangleLooks like earnings are over but JNJ is struggling at the resistance of the top trendline of the triangle.
An ascending triangle is still a triangle and can break either way.
The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows. The pattern completes itself when price breaks out of the triangle in the direction of the overall trend.
The market should be in an uptrend when the ascending triangle appears. The ascending triangle starts to take on its form as the market enters the consolidation phase. While the market is consolidating, a rising trendline can be drawn by connecting the lows. This ascending trendline shows that buyers are slowly pushing the price up which provides further support for a bullish trading bias. The upper trendline acts as resistance. Price often approaches this level and bounces off until the breakout eventually occurs. After price posts a strong break above the upper trendline, traders will look for confirmation of the pattern via continued upward momentum. A clean break of the trendline with a trend in that direction is advisable before long entry.
Ascending triangles can break to the downside just as descending triangles can break to the upside.
Targets are calculated using the distance of the wide end of the triangle and projected upward from the triangle. Some use the bottom trendline for the projection and I have seen others use the bottom trendline.
You can place a stop somewhere under the triangle or inside where you see support. After a break of the upper trendline, some place the stop under the former top trendline of the triangle.
Price is close to the top bollinger band set on an 80 moving average.
No recommendation
