UnsureIf it can break the red dotted line I am game to but, otherwise, it looks downhill as its peaks are less and less impressive
JNJ trade ideas
JNJ - Where's that vaccine?I bought JNJ at $125 mainly because it seemed like it would have a strong bounce back considering the reason why the market crashed in the first place.
Looking at the broader market, this may be a consolidation period. Although, we have a lot of sell signals right now.
1. 10/21 EMA sell signal
2. Weak Buying Power
3. Double Top? Would only confirm if it breaks the lows in march. So we are really far from that but that would be very bearish if so.
4. Rising Wedge post downtrend. Not the most reliable signal.
The better question is the bull flag scenario. Is this a bull flag? With the rest of the market pushing higher, I almost believe that it is. Either way, I bought it for the LONG considering how solid of a company it is (and will only become stronger after this).
JOHNSON&JOHNSON: BIG LOSERS, STILL 1300 BEARISH POINTS !!!Hi.
Its enough clear and real the price goes down to the Target 1, 2, 3 directly.
Its just a waiting question.
Cheers
JNJ Flag Triangle ABCD Trendline PatternGood combination of bullish pattern. Look like its breaking out toward 153.7. Daily - 155. Daily still look good but weekly chart seems pretty risky.
JNJ.. keep watchingJNJ in resistance level for the 6th time. Will be another supply zone or will it break-out? if breaks 149, will be bullish.. keep watching
JNJ SND Bullish SetupBC wave is W3 of the Wolfe, so it is (i) for the (ii - iii) price movement which has to be longer than the length of BC.
Wave 6 should be pulled by -(FX) for the second estimated target.
Bullish interests, JNJ 2 hourly
Johnson & Johnson Corrective Wave May End Soon!After the motive wave on JNJ, the stock is now going through some corrections. Now that the stock price is close to the lower part of the bullish wedge, any rejection with a strong bullish candlestick could cause the price to re-test its upper part...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Johnson & Johnson Technical AnalysisWait Before buying - check if the support level will not be broken before buying, otherwise hold
Fundamental Analysis
Johnson & Johnson (NYSE:JNJ) began researching vaccine candidates in January, as soon as the COVID-19 sequence became available.
A Phase 1 clinical trial of the novel coronavirus vaccine is planned for September, with data regarding safety and efficacy available by the end of the year. If all goes accordingly, the vaccine could be ready “for emergency use” in early 2021.
As part of this commitment, Johnson & Johnson will scale up its manufacturing capacity in the U.S. and other countries in order to enable the supply of more than 1 billion doses of the vaccine when it is ready.
Johnson & Johnson Trade Idea #JNJThere's an old saying that goes by "Sell in May, and go away until Labor Day"
As #JNJ continues to make lower lows, by bias is shifting towards the bearish outlook.
I know sometimes it's tough deciding when to close positions and lock-in profit because you fear you might miss out on the right opportunity to re-enter the trade. If that's the concern, what I suggest is to continue to manually trail a pending "Buy Limit" order above the highs of each candle. As the price continues to fall, continue to manually adjust the trailing pending buy limit. This way once price action makes that higher high, our trading platform will automatically execute our buy position from the pending buy limit order.
If anyone has any questions, feel free to leave them in the comment section below.
Trade Safe - Trade Well
Warm Regards,
Michael Harding
JNJ - even essential companies are going to slow down!Along with Tech stocks, essential companies like JNJ are experiencing resistance. This isn't the cleanest pattern nor my typical level for the stop of this pattern, however given the surrounding environment of other stick in this sector - I like this risk/reward for the first target.
Buy JOHNSON&JOHNSON [NYSE: $JNJ] | 5.12.2020 | Eric ChoeMy name is Eric Choe.
I am a professional trader with over 7 years of equities and cryptocurrency experience.
I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.
I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.
I've been a full-time equities trader ever since.
I give detailed analysis on TradingView.
Over the past 7 years, I've dedicated my time and effort to helping others learn about the financial markets.
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice
JNJ holding the daily 30WMA and coming out of the triangle patteJNJ holding the daily 30WMA and coming out of the triangle pattern very wel
JNJNo se olviden que cuando esta en tendencia, toda corrección es oportunidad de compra, justo freno en la ema de 21.
Veremos si logra mantener este nivel e ir a buscar nuevos máximos
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SHORTI am waiting for the price to make a double ceiling in the Daily Time frame to be able to enter shorts later.
