Looking at the support levels for JNJ to bounce atI drew two support levels where JNJ could bounce off of. I'll be watching how the candles form over the next few days. For my daily trading log, you can view them here: www.youtube.com
JNJB34 trade ideas
JNJ put saleJNJ had a massive move down on their earnings. This is one of the largest candles I can even find on the chart for JNJ. As is approached the 50EMA I was looking for Bull Put Spread or Put Sale premium. Because of dividends being at the end of February and the 200 SMA down around 134. It seems like a no brainer.
JOHNSON & JOHNSON PULL BACK TO SUPPORT OF ITS TRIANGLE-LONGJ&J STOCK, AFTER BREAKS UP A TRIANGLE PATTERN IS PULLING BACK TO SUPPORT AT 137.25, WHICH GIVE A GOOD OPPORTUNITY TO ENTER .
I AM EXPECTING THE STOCK HOLDS AT SUPPORT AND BOUNCE. THE INITIAL TARGET COULD BE 145, WHICH IS THE 200% OF FIBONACCI EXTENSION OF THE PREVIOUS LOW.
HOWEVER, THE TRIANGLE CALL FOR A LONG TERM TARGET OF 151-152 MINIMUM.
IF THE STOCK PRICE BREAKS SUPPORT DOWN FOR A GOOD MARGIN, THE STOP LOSS IS SET UP AT 134.
THIS ANALYSIS IS FOR EDUCATION PURPOSES.
GOOD LUCK!!!!
www.tradingview.com
JNJ Stochastic Divergence Falling Wedge Breakout
JNJ has stochastic divergence (1h) at the breakout point of a falling edge.
Buy: 138.34
Target: 140.27 - 141.83 (1.40% - 2.52%)
Stocks that have raised dividends for at least 25 Years11/18/17 - JNJ has been on a majestic bullish power trend since 03/09.
You can't be anything but bullish long-term. If we were trying to time the market or at least get a better price, we might want to wait for a 10% pullback to the most recent pivot high of 123-126ish from August 2016. If that area of 123-126 is taken out I would be more bearish than bullish with the next lower target area of 109-113ish. As a strong fundamental company that has increased dividends every year for 54 straight years and is stable during a recession, this is a great company to own for your portfolio. Current Forward Dividend & Yield is 3.36 (2.37%).
Classic Bounce after breakoutShe 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.
Johnson & Johnson Long Setupgreat opportunity to buy and hold good accumulated from smart money and good effort departure area of re accumulation targeting 152$ then 164$
JNJ Elliott WaveLooking for a long Wave 3 to continue higher from here. There was some nice sideways action over the last few moths. Earnings came out on October 17th, sending price right through the old resistance, and initiating what I believe was leg 1 of another 5 wave move.
JNJ - RiskReversal on Johnson & JohnsonThis is my first trade I post not only here, but also on my new blog (see footer) & chat here on TV.
I start this group education on TV because I see how many traders could be more successful, if they only had more knowledge, how to trade by combining high probability strategies.
My method is the combination of the Forks and Options.
But I also trade 100% directional with the underlying, leaning on my one strategy.
If you like my style, then join the ForkTrading Method chat here on TV.
The chart shows you how I combine my Forks with Options.
Currently I see a bounce to the downside, as price leaves the Centerline.
I post a detailed description about the trade with a PNL graph on my website (see footer), so I can keep the chat as clean and lean as possible.
Always appreciate your comments, questions and constructive criticism too ;-)
P!
JNJ Good opportunity with high R/R, break out tradeHi,
The title is bullish, but now we have a small congestion.
We must await until the break out for trade, if the price goes up than we can follow the trend. If the price goes down we can make profit with the retracement.
Every levels are drawn on the imagine.
Johnson & johnson Missing a leg up?Looks like Johnson & johnson (JNJ) is heading up, to complete a 5 th wave target of 129.05$. a close below 112$ would invalidate the scenario.
Breakout & Waiting for retest to buy & hodlElliott Wave, Supply and Demand, Support and Resistance, Parallel Channel, Cup & Handle.
It's time! This idea is being spiced up now!As a reminder: Based on 17 analysts offering 12 month price targets for JNJ in the last 3 months:
The average price target is $ 147
The maximum price target is $ 165
The lowest price target is $ 110
The entry into this idea is currently at $ 144.33.
What say the technical analysis methods I use?
The risk management tool used here is the own-developed “Traffic Signals System” (TSS) and it will be implemented in my future analyses.
The yellow circle on the 11th of October in the chart indicates a possible break-away GAP for me.
The 2nd yellow circle on October 30 in the chart could be closed in a counter-movement and serve as a catalyst in the short term.
The yellow line in the chart could be a short-term support.
The black line in the chart: The starting price of the idea is $140.33.
The red line in the chart: The stop-loss is $134 (GAP of October 11, 2017).
The green line in the chart: This is in my opinion a possible first turning point in the idea = first target at about 145 US-Dollar (high October 23).
The chart-based indicators such as RSI and MACD do not show a very positive picture, but a turnaround could be ushered in.
Conclusion:
Johnson & Johnson promises pure excitement! An entry into an idea is currently made and based on the fundamental data and the news! Stay on the pulse of this idea at nextmarkets.com.
Parameters of the idea - Start Course Idea: $140.33
Recent price: $140.33 (+ 0.00% of starting price)
Stop loss currently: $134 (-4.51% of starting price)
Take Profit: $ 165 (highest short)
This idea runs since today.
Disclosure:
“Both Wikifolio's, UMBRELLA (www.wikifolio.com) and FuTureUS (www.wikifolio.com ) can be invested in Panasonic Corporation.
The trading ideas published here are neither to be understood as a recommendation nor as an offer or an invitation to buy or sell financial instruments and should not be understood as such.
You must also assume that the author holds the recommended position in his portfolio and benefits from the implementation of his trading ideas.”
It's time! This idea is being spiced up now!As a reminder: Based on 17 analysts offering 12 month price targets for JNJ in the last 3 months:
The average price target is $ 147
The maximum price target is $ 165
The lowest price target is $ 110
The entry into this idea is currently at $ 144.33.
What say the technical analysis methods I use?
The risk management tool used here is the own-developed “Traffic Signals System” (TSS) and it will be implemented in my future analyses.
The yellow circle on the 11th of October in the chart indicates a possible break-away GAP for me.
The 2nd yellow circle on October 30 in the chart could be closed in a counter-movement and serve as a catalyst in the short term.
The yellow line in the chart could be a short-term support.
The black line in the chart: The starting price of the idea is $140.33.
The red line in the chart: The stop-loss is $134 (GAP of October 11, 2017).
The green line in the chart: This is in my opinion a possible first turning point in the idea = first target at about 145 US-Dollar (high October 23).
The chart-based indicators such as RSI and MACD do not show a very positive picture, but a turnaround could be ushered in.
Conclusion:
Johnson & Johnson promises pure excitement! An entry into an idea is currently made and based on the fundamental data and the news! Stay on the pulse of this idea at nextmarkets.com.
Parameters of the idea - Start Course Idea: $140.33
Recent price: $140.33 (+ 0.00% of starting price)
Stop loss currently: $134 (-4.51% of starting price)
Take Profit: $ 165 (highest short)
This idea runs since today.
Disclosure:
“Both Wikifolio's, UMBRELLA (www.wikifolio.com) and FuTureUS (www.wikifolio.com ) can be invested in Panasonic Corporation.
The trading ideas published here are neither to be understood as a recommendation nor as an offer or an invitation to buy or sell financial instruments and should not be understood as such.
You must also assume that the author holds the recommended position in his portfolio and benefits from the implementation of his trading ideas.”
