Johnson & JohnsonPanjang
$JNJ Balls to the Wall
As we can see, JNJ has been following a regular down trend April 2022 and has no significant move to break upwards until recently.
On the monthly chart, we have a solid sideways consolidation after a strong movement up indicating the possibility monthly demand.
Considering the strong bull flag pattern in combination with a monthly CCI test and re-test breakout. this will punch JNJ stock to 180 and beyond nearing the 220 target for a measured C wave breakout.
Enjoy the ride, Options tend to pay good.
JNJ has been following a regular down trend April 2022 and has no significant move to break upwards until recently. On the monthly chart, we have a solid sideways consolidation after a strong movement up indicating the possibility monthly demand.
Considering the strong bull flag pattern in combination with a monthly CCI test and re-test breakout. this will punch JNJ stock to 180 and beyond nearing the 220 target for a measured C wave breakout.
Enjoy the ride, Options tend to pay good.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
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