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Bearish on JNJ.

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NYSE:JNJ   Johnson & Johnson
I was bullish on JNJ until I saw this today. We have broken through a long time support. With a strong Heikin Ashi candlestick. I am waiting to see if there is substantial volume at the close and then I would enter some maybe week out puts. The green line would be my profit target for JNJ. #jnj #puts

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