Important price line being approached by Johnson & Johnson. This price has been tested numerous times before.

Johnson & Johnson is moving towards a line of 144.78 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 144.78 within the next 21 hours.