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JOHNSON & JOHNSONJOHNSON & JOHNSONJOHNSON & JOHNSON

JOHNSON & JOHNSON

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JNJ trade ideas

JOHNSON & JOHNSON (JNJ) TOP-DOWN ANALYSIS & TRADING PLAN! hey guys, JNJ is retesting the major recently broken trendline. Chances are high that the market may drop from that and here is how we can catch this wave! pay attention to a horizontal decision range on 1H. bearish breakout of it will be a perfect trigger to short! initial target - 111.0 then apply trailing stop to catch occasional panic selloff. if the market goes above the falling trendline on 4H, our setups will be invalid and our bias shifts to bullish! good luck!
NYSE:JNJShort
by VasilyTrader
4
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.
NYSE:JNJLong
by StrongBull777