Johnson & Johnson is heading towards a line of 166.50. If this movement continues, the price of Johnson & Johnson could test 166.50 within the next 11 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Johnson & Johnson is approaching 166.50. We expect either a breakout through this line, or a rebound.
