Johnson & Johnson - Healthcare outperforming
JNJ has breached its 200sma resistance, to enter "channel 1".
I would wait 2-3 closes inside the channel above the 200sma to enter a position.
Profit-exit ---> $144.2
Stop-loss ---> $133.19
Approximate RRR ---> 3:1
I would wait 2-3 closes inside the channel above the 200sma to enter a position.
Profit-exit ---> $144.2
Stop-loss ---> $133.19
Approximate RRR ---> 3:1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.