JNJ trade ideas
Buy the dip on #JNJMy custom built "buy the dip" indicator started to give BUY signals on #JNJ a few days ago; factor confluence was given by the gap closure (see yellow box) where price action printed a neat bullish outside reversal candle at key support level.
Got in @ $130.65 and still riding
Johnson and Johnson (JNJ) breaking outJohnson and Johnson NYSE:JNJ a component of DJ:DJI is breaking out.
Waiting patiently for a really nice buy opportunity -- JNJI expect that we get this next month - although there is a chance we have already got it. I will be waiting though.
$JNJ reportsJNJ reported today and imo, the stock seems a good choice here at the 50 EMA level for at least a quick bounce back to the median 52 week and YTD price level of 130$
JOHNSON & JOHNSONAn eventual breakout of JOHNSON & JOHNSON of the blue trendline will give a bullish signal, with the target area at $ 126.90/127.00 and the stop loss at $ 119.90/120.00. For breakout, I mean a close of JNJ above the trendline.
JNJ Stock Bulls Aiming at $150 a ShareA textbook A-B-C zigzag correction with an ending diagonal wave C indicates the recent decline was just a pullback within the larger uptrend. $150 is still there for the taking!
JNJ - 10% Upside OpportunityPrice is showing sign of a completed ending diagonal structure.
We are looking for price to move higher from here potentially towards 133.43 - 136.93 area.
**Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
Johnson & Johnson (JNJ)The "Short" opinion expressed is on a mere technical, and medium term, factor.
JNJ is one of the top rating notch in USA with an AAA. In or view the company is really well managed with an interesting dividend yeld of 2.9%.
In 2018 we still belive that earning per share could reach 7.00 dollars, and in 2019 8.00 dollars; the Vision Care and the Surgery business could lead this earnings improvement.
Total debt: 32.5 bill.
Annual net profit: 16.6 bill.
Johnson And Johnson, i am waiting for the pullback!another booring slow moving company that needs to pullback zzzzZZZzzzzZZZzzzzz
Johnson & Johnson (NYSE: JNJ)_May_08_2018JNJ has had a good run since the beginning of 2017. Although, the stock price has dropped from a high of $148 to $122, I think reality is catching up with investors that equity valuations have been quite expensive and that it is time for some correction. I believe the fundamentals of the company remain strong although the liabilities with rising interest rates may be a cause for concern.
I believe the current scenario presents an opportunity to short the stock. Based on the head the shoulder pattern, the price is expected to drop to $110-$115 range.
Johnson & Johnson shares Buy IdeaJNJ shares Buy Idea @ Weekly Demand Zone (114.70 - 110.71)
Buy Limit: 114.70
Stop Loss: 109.07
Take Profit: 128.32
JOHNSON & JOHNSONI see prices going lower, possibly close to the 120.00 Region.
We could see a potential bounce on this region, however prices could of course go a lot lower and reverse up to highs of 136.00.
Let's Wait And See !
