Johnson & Johnson
Panjang

Classic Bounce after breakout

59
She broke out with higher than average "bullish" volume and is currently coming down to re-test that new support on lower "bearish" volume. It might hang around this price level for a bit, but Its a good opportunity to go long around 136-138. If it manages to hold on this support level, you will see higher prices as it can continue on the upward trend channel. If not, you will probably see it come down to that 128 level.

Penafian

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