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Kieq
Mar 15, 2021 12:24 PM

JNJ BULLISH BREAKOUT  Long

Johnson & JohnsonNYSE

Description

With good news out regarding the one-shot vaccine and multiple bullish signals this could be a great play.
Descending wedge and potential inverse head and shoulders could see price rise to £170 and beyond.
Beware of some resistance around £165.

Comment

Dscending wedge broken and tested, now hoping for a bullish run here up to $165

Trade closed manually

✅ $167.74 reached 20/04, $2.26 shy of our $170 target

Comment

✅$170 reached 10/5
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