Johnson & Johnson is moving towards a line of 140.39 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Johnson & Johnson continues in its current trajectory, we can expect it to reach 140.39 within the next 16 hours.
Related Posts
BRK.B seems to be on its way to support – a possible opportunity?
BRK.B is approaching a support line at 498.3200. If it hits the support line, it may break through…
AVGO formed a Channel Up on the 1 hour chart. Retest of resistance in sight.
A Channel Up pattern was identified on AVGO at 243.165, creating an expectation that it may move to…
If INTC touches 19.8150 it may be time to take action.
INTC is moving towards a support line. Because we have seen it retrace from this level in the…