New Bullish trend for Johnson&Johnson or... ?
JNJ was made beautiful double bottoms where later than is made breakthrough resistance line and now he's back to testing.
Setups what needs to be looking for is if the price bounce and go up, or if some correction will happen to us, ABCD pattern looking pretty interesting...
If JNJ will rebound from support line, price target what we are will looking for is approx. at 186 or more if JNJ will give us ABCD patterns.
Market now is in very hot situation where we will see who is gonna win at this moment, bulls or bears.
Thank you for reading, feel free to leave like or comment if you like my analysis and work :)
Setups what needs to be looking for is if the price bounce and go up, or if some correction will happen to us, ABCD pattern looking pretty interesting...
If JNJ will rebound from support line, price target what we are will looking for is approx. at 186 or more if JNJ will give us ABCD patterns.
Market now is in very hot situation where we will see who is gonna win at this moment, bulls or bears.
Thank you for reading, feel free to leave like or comment if you like my analysis and work :)
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