Home About the company Daily reviews Trading ideas for Johnson & Johnson (NYSE) 02.04.2020

Trading ideas for Johnson & Johnson (NYSE) 02.04.2020

02.04.2020

Market Review

#JNJ

The overall trend is downward. The stock is trading in the range of the upper limit of the downward price channel. Stochastic Oscillator signals overboughtness. A breakout of the price pivot zone 126.12 will result in the formation of a downtrend 1-2-3 within the general downtrend.

Trading recommendations:

Sell below 126.12.

Stop loss: 134.00.

Target levels: 120.00; 109.33.

The #JNJ rate online: monitor the movement of the shares in real time.

Author: admin
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