Signal buy $JNJ
TSI Shadow triggered a bullish crossover and candles have closed above the Filter Line. I will buy shares at the open today.
I will scale out 50% of my position when it hits 3R (11.63%) and let the rest run until price close below the 100-200 cloud/ribbon
I will not close the trade if price close below the 100-200 EMA cloud before price reaches the 3R, i will let it open until it hits the stoploss
Discounted Cash Flow valuation between $ 207 to $ 227
I will scale out 50% of my position when it hits 3R (11.63%) and let the rest run until price close below the 100-200 cloud/ribbon
I will not close the trade if price close below the 100-200 EMA cloud before price reaches the 3R, i will let it open until it hits the stoploss
Discounted Cash Flow valuation between $ 207 to $ 227
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