JNJ earnings JNJ is possible to test the high of August.
After tested, it is probable to sale on top.
JNJB34 trade ideas
JOHNSON & JOHNSON Double buy entry.JNJ touched Support (1) at 153.20, a level holding since June 1st.
Along with Support (2) at 150.10 are the major buy levels for the long term.
The medium term Resistance is the MA200 (1d).
Trading Plan:
1. Buy on the current market price.
2. If Support (1) breaks, buy on Support (2).
Targets:
1. 162.00 (expected contact point with the MA200 (1d)).
2. 161.00 (expected contact point with the MA200 (1d)).
Tips:
1. The RSI (1d) shows that the stock price in the past 12 months bottoms a little after the RSI forms a Double Bottom. It makes a slightly lower low. Be on the look out for one.
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Strong Support zone with Upside PotentialSince 2022 JNJ is trending sidewards, testing the zone from $155 to 150$.
We are close to this zone, so a potential buy opportunity is coming.
Buy zone between $150 and $155, Target is $180 which is still under a fair price of $200
Stop should be near $145, if this break, the price could fall further down near $130 or worst case to $110 if the momentum is to big.
JNJ - head and shoulders hi Traders
JNJ looks pretty bearish now.
We can observe a head and shoulders pattern on JNJ.
The breakdown is happening right now so it's still early to take a short position.
Take profit and final target are shown on the chart.
If the price bounce back and we get a bearish retest , it would be also great opportunity to add more into the short.
Good luck
How To Analyze Any Chart 📚📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Today we are going to go over a practical example on #JNJ , but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
J&JOHNSON, Ascending-Triangle-Formation, Completion Incoming!Hello,
Welcome to this analysis about the stock JOHNSON&JOHNSON, looking at the 4-hour timeframe perspectives. In my analysis recently I detected an interesting formational structure with J&J which has the ability to show up a determined breakout. As the corona pandemic moved on there emerged several pharmacy companies wanted to invent the covid-19 vaccines, one of them is J&J, now as these vaccines finally emerged there have been sharp rallies in the other companies already especially when the demand at the beginning of the vaccine launches has risen. Now as the demand keeps increasing and the companies distribute to new markets these demand-runs come in waves, as traders we can catch such opportunities in the market when the fundamental signs also give a positive indication for a rise or a fall in a stock like it is the case with these pharmacy companies in the last months.
From the technical point of view, J&J is building this massive ascending-triangle-formation with the waves A to C already completed. Now J&J is about to form the wave D and this wave D so far has shown up with increased volatility to the upside which is a good sign. Furthermore, J&J managed to bounce in the 200-EMA and the next time we can expect the stock to rightly test the upper-boundary as it is marked in my chart from where the wave E will have its origins, when then the wave E manages to stay in the channel and possibly also bounce in the blue confirmational-bounce-cluster this can lead to the final breakout and completion of the ascending-triangle-formation. In this case it is highly necessary that there do not come any bad news for the vaccine distribution such as a break in the supply chain or something else that can lead to a decline in the stock, when this not happens the breakout is likely to show up after the wave-count completed.
In this manner, thank you for watching my analysis about JOHNSON&JOHNSON with the current fundamental aspect as well as the major triangle-formation forming, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
J&JOHNSON, Stronger Than The Rest Market, Possible Bull-Flag!Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current price-structure and what we can expect the next hours and days within J&JOHNSON. As I already mentioned in previous analysis in the current corona-crisis there are gainers and losers who are profiting either out of the crisis or having deficiencies to catch up onto the level seen before the corona-fears hit the markets. Therefore we see a paradigm shift in the global economy similar to these ones we have seen in the past where there have been companies which gone bankrupt due to lack of resilience and others which survived the crisis and exist still today, this was a constant repetition in the financial-crashes we have seen in history and it is repeating itself right now as history does not change at all only marginally when the necessities desire different circumstances. Therefore we have stocks that perform better than the markets, which are the truffles within this situation where we should keep an eye on when considering something on the long side and there are others that cant catch up with the train and consolidating or downshift.
Example Stock: Weaker Than Rest Market: BERKSHIRE (4-Hour Timeframe):
When looking at my chart you can see that J&J is trading above the 800-EMA marked in black which firstly is a strong sign that the stock holds above the EMA, furthermore, we have the 100-EMA which you see marked in green within the structure of my chart which provided a failed bearish-cross, this is a bullish sign indicating that the bulls are stronger than the bears. It is also the major difference to BERKSHIRE where the 100-EMA crossed the 800-EMA to the downside and provided a bearish crossover signal since which the stock didn't take these EMAs out this gives adds a more bullish edge to J&J at the moment which is trading in a possible bull-flag right now which you can see marked in blue.
The next time we can expect the stock to test the support it has remaining in the 138 level and the 800-EMA after forming the wave D of its overall wave count. When this test provides successful and solidity confirms at that level it is within the possible spectrum that J&J moves higher to confirm the huge possible bull-flag in which it is trading at the moment, this scenario will play out when the stock crosses with good volatility and sustainable above the higher boundary of the channel. When the stock provides such a breakout it will move onto its targets within the all-time-high range with a high possibility and even higher after that when there confirm good bullish volatility and no other meaningful bearish signs which alter the situation again.
Taking all these factors into consideration we have a technical basis for J&J to succeed next times although because it is the pharmaceutical company with the biggest market and as I already pointed out in past analysis these are stocks which can provide gains also in the current corona-crisis and show a possible anticyclical movement compared to the average rest market. In comparison with the S&P 500 which is still below its all-time high, we have a stronger picture here at the moment. We will see how this will develop further the next time and if J&J provides to hold this strong environment. Although there can still show new volatility to the downside in the average market due to upcoming corona-restriction this can add to J&J but as it is a possible anticyclical market mover the volatility to the downside can proof not that devastatingly fatal.
In this manner, thank you for watching, support for more market insight, good day, and all the best!
“Learning is an ornament in prosperity, a refuge in adversity, and a provision in modern markets.”
Information provided is only educational and should not be used to take action in the markets.
JNJ Game Plan Monday Aug 21 , 2023 The Johnson & Johnson stock is showing mixed signals from its short-term and long-term moving averages. The short-term average suggests a sell signal, while the long-term average indicates a buy signal. Since the short-term average is higher than the long-term average, an overall buy signal is present, suggesting a positive outlook. The stock might encounter resistance at around $173.04 on further gains and find support near $167.54 from the long-term average on declines. A break above the short-term average would signal a buy, while a break below the long-term average would signal a sell. Negative signals include a recent pivot top sell signal and a sell signal from the 3-month Moving Average Convergence Divergence (MACD). Despite this, the stock's controlled movements and good liquidity contribute to a low-risk assessment. Support from accumulated volume is around $172.39.
For the upcoming trading day on Monday, the stock is expected to open around $172.60 and move between $169.53 and $175.45 based on the 14-day Average True Range, indicating a possible trading range of approximately +/- $2.96. The stock is closer to support than resistance, making the risk/reward profile attractive for intraday trading.
Insiders have been buying more shares than selling, indicating a positive sentiment. Over the last 100 trades, a significant amount of shares were bought compared to those sold, suggesting potential upside. However, larger purchases might be influenced by stock options' due dates.
Considering various short-term signals and the overall trend, there is a favorable outlook for Johnson & Johnson stock in the short term, with potential for positive performance.
JNJ, 10d/-12.47%falling cycle -12.47% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
JNJ BUYHello, according to Johnson & Johnson stock analysis. There is a good opportunity to buy or invest in stocks for the long term. Especially since the arrow came out of the rectangle. It also broke the resistance at 166. An ascending channel started to form, which indicates that the stock is very positive. Good luck everyone
JNJ : Booking profit and expecting a sell-offPrice is at the top of the internal structure. There is a high probability for a short term reversal move to the low of the HTF structure.
Since the overall market is primed for a crash and Pharma is a sector which is not within my circle of competence, I think it is better to book profits and wait for a crash, if any.
Will consider a re-entry if market comes down to better entry levels.
Booked around 11.26% of capital involved in this trade.
AAPL Gap needs to finish. TLT gap PFIX shines a light. JNJThe second half of this pull back should complete shortly. The first gap down s was a 10% extension. Using John J Murphy's as the guide to everything Technical Analysis the completion of this gap targets the 50% fib of the December 22 to July 23 rise.
Today 2 trades deep ITM Puts Jan 19'24 162 DTE, 2000 270 strike and 1750 at the 280 Strike.
Feeling that this along with the gap to be filling in TLT means we are going to have lower CPI and PPI. TLT targeting 89, care of TLT gap PFIX shines a light.
Johnson and Johnson J&J Retest support when last breakout after earning
Good risk and reward
Good entry point to a company that can keep forever
If trading:
SL at pink line
TP 2/3 at blue line and let 1/3 run. Change SL to entry price once hit the blue line tp
Johnson & Johnson -Daily Supply zoneDaily demand zone nested with monthly and weekly demand zone.
When the price reach the daily demand zone. The price should go down.
$JNJ with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:JNJ after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 90.91%.
Ascending TriangleThis triangle has broken to the upside.
Top line is flat and bottom line slopes up.
Overbought with RSI set on 70. Mine is set on 80.
Target for triangles are often measured using the back, or the wide end.
T1 has been met.
Possible pullback on the horizon.
Unhealthy looking candle today similar to a shooting star or even a gravestone Doji.
This candle has a long top wick and today's high is at the top of that wick. The bulls were unable to hold that high for now and the bears beat them back down.
No recommendation
$JNJOn Friday, July 21st, 2023, Johnson & Johnson (JNJ) saw a positive increase in its stock price, gaining 1.07% and rising from $168.38 to $170.19. Throughout the trading day, the stock experienced fluctuations, ranging from a low of $168.16 to a high of $170.82, representing a 1.58% swing. Over the past two weeks, the stock has shown a gain of 6.87%.
The trading volume decreased by -12 million shares on the last day, with a total of 10 million shares being bought and sold, resulting in transactions valued at approximately $1.69 billion. It is important to note that a decline in volume during price increases can indicate divergence and serve as an early warning for possible changes in the coming days.
Based on the current horizontal trend, it is predicted with a 90% probability that Johnson & Johnson's stock will trade between $155.78 and $171.14 at the end of the upcoming three-month period. Breakouts from horizontal trends are often accompanied by a substantial increase in volume, and stocks rarely move directly from the bottom of a trend to the top. Stocks that turn upward in the middle of a horizontal trend are considered potential runners.
As for signals and forecasts, Johnson & Johnson's stock holds buy signals from both short and long-term Moving Averages, indicating a positive outlook. Additionally, there is a general buy signal derived from the relation between the two Moving Averages, with the short-term average positioned above the long-term average. In the event of downward corrections, the stock is expected to find support at $162.02 and $161.51. A breakdown below these levels would issue sell signals. On May 26, 2023, a buy signal was issued from a pivot bottom point, resulting in a 10.26% increase thus far, and further growth is projected until a new top pivot is identified. However, the current 3-month Moving Average Convergence Divergence (MACD) indicates a sell signal.
Regarding support, risk, and stop-loss levels, Johnson & Johnson finds support from accumulated volume at $168.38, suggesting a potential buying opportunity as the stock is tested against this level. Generally, the stock exhibits controlled movements and possesses good liquidity, resulting in a considered low risk. The stock's daily average volatility for the last week has been 2.24%. A recommended stop-loss is set at $164.57 (-3.30%) based on a buy signal from a pivot bottom found 37 days ago.
Expectations for the upcoming trading day of Monday, July 24th, 2023, anticipate Johnson & Johnson to open at $169.72 and move within the range of $167.60 to $172.78 throughout the day, considering the 14-day Average True Range. This gives a potential trading interval of +/- $2.59 (+/- 1.52%) from the last closing price. If Johnson & Johnson exceeds the calculated swing range, there could be an estimated 3.04% movement between the lowest and highest trading prices during the day.
With no resistance above and support from accumulated volume at $168.38, which is $1.81 (1.06%) below the current price of $170.19, the risk-reward ratio appears attractive.
Insider trading activity indicates a positive sentiment, with insiders buying more shares than they are selling in Johnson & Johnson. Over the last 100 trades, there were 950.1 thousand shares bought and 114.64 thousand shares sold. The latest trade, made 42 days ago by Wengel Kathryn E, involved the sale of 12.47 thousand shares. The significant amount of stocks bought compared to those sold suggests that insiders believe there is potential for substantial upside. In some cases, larger purchases may be attributed to due dates for stock options.
JNJ Short! 2HI am shorting JNJ on the 2H chart. Price is forming a Double Top/Head and Shoulders-ish pattern at a major resistance. In the daily Chart price is forming a ascending triangle which also supports this short term short position as shown:
This will be a bear put spread as follows:
Long Put: $155, $0.23 premium
Short Put: $ 167.5, $4.66 premium
Expiry: 21st June 23
Max Loss: $4.43
Max Profit: $8.07
Break even price: $163.07
I am aware this is risky as I am shorting it prematurely before the break of the neckline. I do this as I am experimenting with options. There is a major resistance above protecting the downside but for safer entry please wait for the break of the neckline.
JNJ Put credit spreadmacro: snp500 QQQ uptrend, but retracing, JNJ Earnings beat
News: inflation flattening, russia stopping wheat shipments
TA : Break of range
STOP: rolling till worthless options
TP: low value per day or expire
risk: market downturn
JNJ Johnson & Johnson Options Ahead of EarningsAnalyzing the options chain of JNJ Johnson & Johnson prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $3.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
JOHNSON & JOHNSON Buy opportunity.Johnson & Johnson is trading inside an Ascending Triangle pattern with the 1D technicals neutral (RSI = 49.652, MACD = -0.360, ADX = 36.021). The 1D MACD is close to making a Buy Cross so today's cross over the 1D MA50 is a first buy signal, that targets the 1D MA200 (TP = 165.00).
If the price crosses over the R1 (167.25) we will buy again targeting the R2 (TP = 181.15), which is exactly on the 2.0 Fibonacci extension level.
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Johnson & Johnson Long risk/reward 1/1.5Perfect bounce on the 100 ma line and 3x top high, we now made it support and it can go back to the top.
