PriceCatch

JNJ - A Buy Opportunity

Long
NYSE:JNJ   Johnson & Johnson

My chart tells that there is a low risk buy opportunity on JNJ .

Buy price 143.75
Stop Loss 141.33 ($2.42 only)
First target 147.67
Second Target 150-151
Third target 155-157

The first target is very achievable. So with a buy quantity of 300 the risk is only under $750 and the profit on reaching first target is $1200.

Idea published for my reference.

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