08.05.2020
#JNJ
The general trend is upward. The downward pattern (assumed correction) is truncated. A bullish divergence has formed on Awesome Oscillator. Price pivot zone of 146.77 holds back sellers.
Trading recommendations:
Buy while an ascending pattern is forming, where wave A breaks the inclined channel of the descending truncated pattern.
Stop loss under the price pivot zone of 146.77.
The target is 156.46.
The #JNJ rate online: monitor the movement of the shares in real time.
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