JNJ trade ideas
JNJ C&HI see a cup and handle on JNJ. Earnings 7-16 BMO
JNJ fell out of the rising wedge she used as a missile to get off the bottom after the corona balona crash
Hypothetical Breakout 154.7
Targets; 171 183 190
Target 2: 210 to 222
Stop below handle low, or mid cup level depending on a person's tolerance
Do your analysis and trade safely
JNJ 07/17 $140p 1. MACD Flips
2. McGinley MA flipped from support to resistance
3. No vaccine data anytime soon
4. Coronavirus cases up, SPY in downtrend, large cap stocks will reverse trend
JNJ PutTheoretical trade idea.
Looking to buy $140 JNJ 6/26/20 put. See chart for an estimated line of break-even (purple, first time trying this). Note that entry would be at the start of the line for ~$0.52 a contract. Looking to take profit in the green oval area. Publishing this idea for the sake of learning (Since I doubt my order will get filled).
JNJ SHORT SND SET-UPJohnson and Johnson, a second look....bearish interests because of a possible weakening of a bullish momentum (TA). I didn't check the funda for this one, but, there's a strong supply zone from Weekly and Daily area zones...to possibly make a bearish trend line break.
Shorts.
JNJ Long Set-upJNJ
ENTRY = 618 Reaction @ 138 or a break above and a hodl of the 200ema on Daily @ 142
1st Target = 786@ 146
HODL Target = 157+
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
JNJ, Do you see a flag?I'be been following this stock since I entered around May.
For me, the last bear candle confirmed a bull flag pattern.
Is this ok? Let's make it possible together.
Best!
JNJ Long, V Pattern and Fib 0.382 RetracementV Pattern,
Fib 0.382 retracement
Demand zone is not confirmed yet.
Estimate: Gap Up (G1) above EMA144
Earning will not affect this trade.
Entry: 140.5
Stop: 137.5; Below Demand zone
Target: 155.5; risk/reward=1:5
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
JNJ is going downBollinger band squeeze broken down
Very strong bearish candle
Broken support
Now trading in a channel, some short term bull move is possible
The Baby Powder Gives You Cancer! 😯 (JNJ)📈 Failed to breach through the highs, but the fight ain't over yet!
Downward channel identified. Seeing a lot of rejection at this channel top as we approach a critical level of support at 143.47.
You want to long when the downward black Resistance gets cracked. Otherwise short 143.47 break and see if the bottom channel support holds.
Critical to use the ema dots and the Crossover strategy at that 143.47 level for a more aggressive long if held.
Could be double top or could be cup and handle. 🤷♂️
Play the channel.
Best of luck! 🎲
🥇MLT | MAJOR LEAGUE TRADER
Johnson & Johnson (JNJ) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
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 - 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
