Johnson & Johnson has broken through a line of 172.42 and suggests a possible movement to 169.86 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 35 days.
Big movement expected on Johnson & Johnson after a breach of 172.42
