Johnson and Johnson D1Johnson & Johnson is a large company in the production of hygiene products and body care products. The company's products are sold worldwide, which gives it a very good profit. Its products are of rather high quality because in the USA there are very strict requirements for product quality, which is what impresses the buyer. At a time when outbreaks of the Corono virus are observed all over the planet and panic reigns, the need for the company's products is increased. The media daily speaks of enhanced hygiene measures to prevent illness. Many inhabitants of the planet have a fear of the disease, which leads to increased expenses on hygiene products. In most countries of the world quarantine has been introduced, which will last at least another month. This situation will enable the company to make good profits. A Gann box is installed on the chart, which can approximately show the maximum price marks for the near future, which coincide with the end of the quarantine period if it is not extended.
JNJB34 trade ideas
Johnson & Johnson Bullish On COVID-19 vaccine $jnjJ&J has tasked dozens of scientists to work on a vaccine for the disease, Paul Stoffels, a physician who is the New Brunswick, N.J., company's chief scientific officer, told CNBC.
"We are pretty confident we can get something made that will work and will stay active for the longer term," Stoffels told the business-news network.
Source Thestreet
Medium term buying opportunity with JNJMy strategy is to combine several techniques at once:
+ Price channel and trend line: help me identify the direction of the price,
+ Supply - demand: help me identify the reversal position,
+ Elliott wave: help me determine the cycle of price,
+ Candlestick patterns and price action: Help me enter the order at the right time.
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Analyse 4H TF on JOHNSON & JOHNSONHI,
I have a zone here, where I marked current strong support and current strong resistance, these zones as such, correspond to the volume profile, the price is currently at the upper limit of our resistance, my prediction is that if the price did not break current resistance and would return back to my support, so based on still other indicators I would choose to enter the trade towards a long position.
JNJ Consolidates - 2 Reasons to BuyIf you are looking at JNJ stock right now, the price is consolidating between 150-154. However, the trend is extremely bullish. Nearly every technical indicator is positive. Read my short analysis at Johnson & Johnson Stock Consolidates. Should You Buy JNJ for the Dividend?
your mum uses these productsok anyone with half a brain can see this bad boy is in a strong uptrend. red hollow momo hammer bouncing at the bottom of the channel.
i circled a very strong pattern looks like it needed to close above 149 to confirm it (which it did) very strongly
they also are working on a corona virus vax. so lots of plays in store for this bad boy
if it breaks ath it can see a serious run here. short term target 153.20 long term 170
JNJ: Huge long term signal...massive breakout!I had to publish this one, $JNJ offers tremendous upside with low risk for the long term here, akin to buying the breakout of the ATH in $SPY a couple months ago, but today.
Targets on chart, invalid if we drop below 134.
You could buy up to 30% in it, if you're not too risk averse.
Cheers,
Ivan Labrie.