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JPN225 has broken through support of a Channel Up. It has touched this line at least twice in the last 15 days.

JPN225 has broken through the support line of a Channel Up. It has touched this line at least twice in the last 15 days. This breakout indicates a potential move to 29157.1503 within the next 4 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.

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After testing 161.59 numerous times, Johnson & Johnson is once again approaching this price point. Can we expect a bullish trend to follow?

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