Home About the company Daily reviews Trading ideas for Jonson & Jonson (NYSE) 21.05.2020

Trading ideas for Jonson & Jonson (NYSE) 21.05.2020

21.05.2020

Market Review

#JNJ

The 147.20 support level is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. A descending (red) pattern has formed.

Trading recommendations:

Buy when an ascending pattern is formed, where the wave (A) breaks through the inclined channel of the descending (red) pattern, completing it.

Stop loss below the support level of 147.20.

Target levels: 150.53; 153.07; 156.45.

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

Author: admin
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