Skipper86

Ascending triangle breakout, record annual income projected

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NYSE:JNJ   Johnson & Johnson
Textbook ascending triangle breakout. I took a look at net income as a sanity check, projected to be record setting. Swing trade, could drop back down to triangle top for retest, set stop below that. Price target is the height of the triangle above the triangle, hence a copy of the triangle being used as a reference. Set target below that to avoid psychological whole number resistance.

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