Johnson & Johnson has broken through the resistance line of a Falling Wedge. It has touched this line at least twice in the last 12 days. This breakout indicates a potential move to 174.99 within the next 14 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Johnson & Johnson has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 12 days.
