JNJ trade ideas
$JNJ has a bullish set upLooks extremely bullish - definitely watching this stock.
(1) Price above Kumo
(2) Future Kumo bullish
(3) Senkou span A & B with positive slope
(4) Both Tenkan Sen & Kijun Sen have +ve slopes
(5) Chikou Span above the price & free to go up
(6) ADX > 25
JNJ reversal @ $148, buy 20 NOV PUTs $147 @ $1.45-$1.50JNJ broke through 200 SMA. The 13 SMA & 30 SMA are preparing to cross, the MACD pre-confirmation has already occurred, historically indicating reversals for this stock. There is looming vaccine news that can impact performance but if news is mired in political discourse, reversal should hold. Got in at $1.48, looking to sell at $2.95 o/a 18NOV. $0.90 stop loss in place.
JNJ - Elliottwave analysis JNJ - It is in double zigzag WXY, where C of Y wave in progress, wait for 4th wave correction of C as choppy to finish near 139-140.50 zone. Sell it for new low of 5th of C wave of Y down below 134 level.
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Johnson and Johnson drops again. NYSE:JNJ I can't look at a whole bunch of pharma stocks and just skip JnJ. For the uninitiated, this is the largest Pharmaceutical company in the world (by far) and a major, major player in the world of medical devices and OTC consumables as well. Anyway, down we go, and, not financial advice.
Limited upside potential for vaccine playsIt seems that much of the upside for the vaccine play has been priced in. Cannot see very much more, other than one getting luckier than the other. It is a horse race right now, they are all neck and neck it seems. Astrazenica, which is not included, may be ahead right now; but not for long it seems.
JNJ - Elliottwave analysis JNJ - It is within 3rd of C wave of Y down within double zigzag. It is good sell set up until price remain below 147.43 as 3rd wave starting point of C wave down and once the price break down below 143.92, it accelerate momentum down.
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$JNJ Solid entry point after tonight's debate$JNJ Solid entry point after tonight's debate watching MACD for entry
Johnson & Johnson with a Neutral outlook projectedWith $JNJ posting worse than expected earnings, still PEAD projected a neutral outlook for the stock as price is currently trading on the lower boundary of the Projected PEAD Cone.
JNJ - Elliottwave analysis Welcome guys,
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JNJ - It has completed (X) wave in zigzag ABC. The price is within downside (Y) wave and under-performing the SPX. (Y) wave is subdividing in ABC, where 1st of C wave is about to finish and correcting in 2nd wave. Sell when it done for down move.
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DAILY ANALYSIs OF johnson &johnsonHi friends
the daily chart shows with a high probability a downtrend in the coming days
JNJ daily candlestick projection So far I am 2 for 2 in my candlestick analysis for Johnson & Johnson, here is my Friday Prediction. 2 for 2 proof below, stay tuned.
JNJ picking up momentum On the MACD and Bollinger bands we can see that JNJ is picking up momentum, and at an all time low RSI for the month. With JNJ being underbought we can expect it to increase in value rather quickly.
JNJ Daily Candlestick Prediction Here is my Daily Candlestick prediction for Johnson and Johnson. So far I am 1 for 1 on my daily candlestick predictions for this company. Proof is linked below! Feel free to follow to get daily candlestick predictions that are accurate ( most of the time )
Johnson and Johnson 1 Hour Explained Everything in this chart screams buy buy buy, heres why.
We will be analyzing this chart from top to bottom.
Divergence+: A very accurate ( so accurate the script cost $$$ ) indicator that shows buying/selling strength and even buy and sell signals. There is not a buy signal on the 1 hour chart, however if you look at the most recent candles you can see the large green shadow underneath showing that bull power is getting stronger.
MACD: Shows that bear strength is weakening, giving the bulls an opportunity to take over and greatly influence price.
RSI: Is very low for JNJ as it normally runs at a 65, with JNJ being underbought we can expect investors to start buying.
Finally the Bollinger bands: They have finally crossed at their low with the green bar as a buy signal.
These are all reasons why JNJ is a strong buy and I see a strong upswing coming in the neat future.
