JNJ trade ideas
JNJ - STOCKS - 26. APR. 2021Welcome to our weekly trade setup ( JNJ )!
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4 HOUR
Bullish price action.
DAILY
Possible turnover and pressure towards previous highs.
WEEKLY
Expecting more bullish price movement.
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STOCKS SETUP
BUY JNJ
ENTRY LEVEL @ 164.20
SL @ 160.79
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
$JNJ with a Bullish outlook following its earnings #Stocks The PEAD projected a Bulish outlook for $JNJ after a Negative over reaction following its earnings release placing the stock in drift C
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Breakout Play on Johnson & Johnson Johnson & Johnson just posted better-than-expected EPS data for Q1. Meanwhile, the company's shares continue to strengthen above the 50-day MA (in green).
A potential breakout above the clearly visible Bullish Pennant would signify mounting bullish momentum, which can be taken advantage of. Bulls can catch a potential upswing towards the major resistance level at 170.00, with the potential for further gains above.
$JNJ may still have juice leftOur primary wave count indicates $JNJ could still have room for some great upside, to find new highs above $200.
The main target is the 1.618 extensions from waves 1-2, at $212.20.
Below 150 would lead to a new wave count.
ABC??? Volume or Pattern? Earnings 4-20 BMOABC bearish pattern. Bullish harmonic pattern but D is not here yet.
Pattern says Bearish. Volume says Bullish.
I plan to stay on the sidelines for now.
No recommendation.
Sometimes I guess you just go with the flow, and sometimes best to do nothing at all. I am always heistant to call anything bearish as of late )o:
JOHNSON & JOHNSON (JNJ)In my work, I always try to combine fundamental analysis and technical analysis.
They are both important, especially on a topic as important as the covid vaccine.
Johnson & Johnson is about to be marketed, after the approval of the EMA on 11 March.
Exactly after the announcement, I bought the stock.
The JnJ vaccine has a much lower distribution cost than Pfizer since it can be stored at refrigerator temperatures, like AstraZeneca.
The difference is in the prestige and history that the company has.
Moreover, the share according to the average of analysts, still has ample room for growth, with an average target of $ 185 and a second "high" at $ 200.
Technically speaking, the price bounced off the bullish support trendline on Thursday, March 4th, and then broke the resistance trendline on the 12th, exactly the day after the announcement of the EMA's approval.
The trend is clearly bullish, but, even keeping in mind the analysts' opinion, I believe the first target in area 170 is more likely.
If everything goes well with the vaccine, the analyst targets could be greatly raised.
It is a different trade, to be constantly monitored with a trailing stop, in case there will be any hitches or cases of a block, as happened for AstraZeneca. Such an open market scenario would cause a crash, so you have to be ready to get out quickly.
Lazy Bull
1st target: 170
2nd target: 180
3rd target: 200
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
$JNJ has baby fetus' in their vaccine - look it up$JNJ Said they don't have any evidence that the blood clots are related to the vaccine. That's like saying Hunter Biden doesn't smoke crack. Anyway, even though JNJ has alot of bad news surrounding them, it looks like it's forming an Ascending triangle. I am looking to play the ER runup. ER is on 4/20. Last earnings it ran up the day before and day of earnings. I don't think that it will run on both days due to uncertainty. I have currently have 1 $162.5c. My PT is $164-165. 4HR MACD curling up!
JNJ- POSSIBLE PUT OPTIONS - MAY 21ST 0.84 CONTRACTS $150All,
In semi recent news it's very possible JNJ loses the COVID contracts or at least long enough to take a solid tumble. IF it breaks into the red zone it should trigger a loss of a high and break trend downwards again to $145-$132 level. As always wait for conformation of breaking under first level and watch options volume/contracts for changes in price and news. JNJ in a prime spot to be shorted.
Also you can always cover with calls.
Head line traders...provides opportunities!JNJ presents buying opportunities...in context to:
1. Beta trade with broad index growth
2. Recovery - idiosyncratic growth
3. Potential over reaction re: vaccines
Wait for pull back into range. Buy on lower limits or wait and buy on a break trade!
Earnings up next...another reactionay opportunity!
JNJ: Breakout Confirmed, 7.25% Potential Profit!Description: JNJ is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $157.1 - $161.8
2. Take profit: $171.04
3. Stop Loss: $154.7
4. Risk To Reward: 1 / 2
5. Accuracy Rating: 75%
Johnson & JohnsonPrice was out of the water of the Bollinger Bands. Look for price to come back into the water to fill the gap and then we may see the downward pressure resume.
Johnson & Johnson should stick to baby wipes.....Vaccine Recall!With the news that the CDC is pausing J&J vaccine distribution due to blood clot issues.
I'm assuming we should see it tank at the open? You're guess is as good as mine.
In my opinion if we see price drop it should be a good time to buy, because everyone else is selling.
The level I'm interested in is $147-$150.
It is an untested point of control where institutions may have some buy orders sitting.
Watch for an ABCD on the line chart (close to close) for entry.
We may not break the 2021 high, but if the March equal highs remain untouched, I would look to enter because there is still possibly liquidity there.
$150 should give a nice reaction if we hit it while those highs are untouched.
Let's Elevate,
Gio
JONSON & JONSON D1Johnson & Johnson Company is one of the leaders in the production and sale of hygiene and care products. The shares of this company are among the first echelon of the American market. And they almost always provide stability for investments. After the market collapse at the beginning of the epidemic, the company's shares managed to reach a new historical maximum in their price. Now the asset has undergone a completely logical correction, after which we can most likely expect the uptrend to recover. The active development of the disease around the world has led to a number of new lockdowns and quarantine restrictions. The violence of all the planet is trying to protect itself as much as possible from the disease, and therefore takes all measures for hygienic prevention. Of course, there will be an increased demand for the products of the Johnson and Johnson company at this time. What will entail an increase in profits and, of course, an increase in the company's shares !!!
$JNJ will bounce - Dip opportunityI love JNJ long and believe that they are going to be fine with the recent COVID-related dip.
Their vaccine could do more damage than AstraZeneca's and governments will still buy it in order to herd the sheep.
You need to understand that JNJ is so much more than a vaccine company.
Expect this stock to go back up to the $167 level, as well as breaking the $170 level as well.
A great swing trade (buy covid dips), and I also love this long-term.
Lots of money to be made here!
*Not a financial advisor.
**Don't judge me on my winners. Judge me on my losers, because there are so few.
JNJ still looking weakStill retracing from a recent run-up. The previous week's profile looks like a 3 to I selling day, so might see more downside into next week, hopefully to 160 or lower. I'd want it to be 160 or under for a long.
WAIT!WAIT to see if it pierces the resistance lince (BUY) or is going to direct towards the support line (SELL)
JNJ LongJNJ in the process of making head and shoulders pattern targeting $170. Waiting to pass the nick line (green zone)
