Blog
Johnson and Johnson
- 2021-07-31
- Traiding Idea
In this post we are focusing on Johnson & Johnson, the American corporation, which develops medical devices, pharmaceuticals, and consumer packaged goods.
The stock's chart shows that a triangle pattern is going to be broken. We are waiting to see how powerful the rising candles are to enter a buy position. Fundamentally, the corporation has been doing well lately.
Summary:
Entry point: 170-173
Stop loss: 164- 167
TP 1: 178-180
TP 2: 184-186
Entry condition: breakage of the triangle pattern
Status: Active
