JNJ breaking out on dailyNYSE:JNJ is breaking out of a downtrend, strong support underneath at $143, first target is $154 and then $163.Longby saqibshah216
JNJ impending shortThe chart illustrates the possibility of a correction down to a major trend line. This would mean millions of dollars lost in market cap within the next several months or years. If the movement is drastic we may see the company attempt perform countermeasures to provide shareholders a soft landing. One of these countermeasures could be (which I think will be more than likely) layoffs, or termination of complete organizations within the company. As technology advances and consumers of JNJ products increase in cost, the company may pivot to less expensive methods of operations. Attrition is a key variable that I foresee in the near future which could help the company regain some stability in the market. Many people will lose their jobs, but shareholder interest is at the forefront of any good company. Skills are easy to obtain nowadays but public moral is probably at an all time low or leveled with 1950s Vietnam era. If people are unmotivated to learn, they will contribute to the overall downturn of the economy. Shortby EJSM1
JNJ will be ready for short breakdown happen Disclaimer for every one in market learn first and invest later on ur risk okShortby amair0203041
Short Johnson & JohnsonI am bit late on J&J but clear setup in progress, taking a short now to target first liquidity level at 108.Shortby EvergreenWealthAdvisor112
J&J Entangled in Talc-Related Lawsuits and Bankruptcy AllegationCore Issues: * J&J faces numerous lawsuits alleging its talc products contain asbestos and cause cancer. * The company's utilization of a "Texas two-step" bankruptcy strategy to shield assets from litigation has drawn accusations of fraud. Recent Developments: * Cancer victims filed a class action lawsuit on May 22nd, 2024, alleging J&J's fraudulent use of bankruptcy and asset transfers to avoid compensation. * J&J maintains the safety of its talc and claims the lawsuit disrupts their proposed settlement plan. Broader Implications: * This legal battle raises concerns about potential abuses of bankruptcy laws by corporations seeking to evade product liability. * The case has significant financial ramifications for J&J, with analysts citing negative impacts on stock valuation. Conclusion: * The outcome of these lawsuits will determine compensation for victims, J&J's future financial liabilities, and potentially set precedents for corporate responses to mass tort claims. * Upcoming developments, such as the claimant's vote on the settlement and the court's response to the latest bankruptcy filing, will be crucial in resolving this protracted dispute. Shortby signalmastermind2
JNJ - Untested SupplyLets try our luck up here, see if big ole mr. institution has a short order for us. Tight S/L above Consolidation range.Shortby SPYDERMARKETUpdated 3
JNJ Giving Dr. Pepper VibesI still regret not taking that awesome set up in KDP but, this is giving me those vibes and I really think it is worth a long. I am looking to put my risk a 1/4 of the ATR below the most recent swing low. Shooting for a 1:1.Long01:17by JoeRodTrades2
JNJ Johnson & Johnson Options Ahead of EarningsIf you haven`t bought JNJ before the previous earnings: Then analyzing the options chain and the chart patterns of JNJ Johnson & Johnson prior to the earnings report this week, I would consider purchasing the 145usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $7.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptionsUpdated 5
Johnson & Johnson's Q1 Triumph: Surpassing ExpectationsJohnson & Johnson (NYSE: NYSE:JNJ ) has kicked off 2024 with a resounding victory, showcasing robust first-quarter earnings that outpaced Wall Street estimates and signaling a promising trajectory for the rest of the year. The pharmaceutical giant reported an impressive adjusted EPS of $2.71, marking a remarkable 12.4% surge compared to the previous year. This stellar performance surpassed analysts' projections of $2.64, underscoring the company's resilience and strategic prowess. In terms of revenue, Johnson & Johnson ( NYSE:JNJ ) posted sales of $21.38 billion, reflecting a steady 2.3% increase year over year. While this figure nearly mirrored market expectations, the operational growth of 3.9% and adjusted operational growth of 4.0% underscored the company's underlying strength and adaptability in navigating market dynamics. One of the standout performers in Johnson & Johnson's portfolio was its Innovative Medicine segment, which witnessed robust operational sales growth of 8.3% to reach $13.6 billion. Notably, sales of key drugs such as Stelara and Darzalex demonstrated resilience, with the latter experiencing a notable 19% surge in revenue. Moreover, the company's medical devices business proved to be a significant driver of growth, generating sales of $7.82 billion during the quarter, marking a commendable 4.5% year-over-year increase. This uptick was fueled by strong performances in electrophysiology products and cardiovascular solutions, showcasing Johnson & Johnson's ( NYSE:JNJ ) diverse revenue streams and market leadership in healthcare innovation. In a move sure to delight investors, Johnson & Johnson ( NYSE:JNJ ) announced a 4.2% increase in its quarterly dividend, a testament to its commitment to delivering value to shareholders amidst a challenging economic landscape. Looking ahead, Johnson & Johnson ( NYSE:JNJ ) raised its fiscal year 2024 guidance, projecting operational sales in the range of $88.7 billion to $89.1 billion and adjusted EPS between $10.57 and $10.72. This optimistic outlook, coupled with the company's track record of delivering on its promises, instills confidence in its ability to navigate future opportunities and challenges. Despite a slight dip in premarket trading following the earnings release, Johnson & Johnson's ( NYSE:JNJ ) strong performance in Q1 sets a solid foundation for continued success, reaffirming its position as a leader in the healthcare industry and a reliable investment choice for shareholders worldwide.by DEXWireNews3
JOHNSON & JOHNSON Time to start buying.Johnson & Johnson (JNJ) quickly hit the $147.00 Target that we set on our very recent sell call (April 03, see chart below) and is now approaching the bottom of the massive 2-year Channel Down: Even though based on the very reliable and consistent Sine Waves, the bottom might be a process that can take up to 2-months, the stock is low enough for medium-term investors to start considering adding buys. On top of that, the 1D RSI is highly oversold below 20.00, the lowest it has been in more than 4 years (since February 28 2020)! As a result and since the Bearish Legs of this Channel Down have ranged within -14.78% and -17.58%, we are turning bullish on this stock, targeting $157.50 (minimum +13.00% rise as with January 22 2024 High). ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot13
Johnson & Johnson (JNJ): Navigating a Constricted MarketExecutive Summary: The investment landscape for Johnson & Johnson (JNJ) appears fraught with challenges, as technical indicators on the monthly chart convey a narrative of heightened caution. A synthesis of volume data, oscillator behavior, and cloud-based resistance delineates a precarious pathway for the equity. Amid the backdrop of an imminent earnings report, our technical scrutiny attempts to extrapolate JNJ's potential market trajectory with speculative price targets, enriching the strategic arsenal of the discerning investor. Technical Examination: JNJ's price action is ensconced within a pivotal junction, as evidenced by the candlesticks' interaction with the Ichimoku Cloud and the Fibonacci retracement levels. The recent close below the 0.618 Fib level (171.75) undermines bullish fortitude, while the cloudโs senkou span A (160.46) looms overhead as a formidable deterrent to upward mobility. Ichimoku Cloud Analysis: The cloud's forward projection signals a redoubtable resistance zone, with senkou span B (165.82) reinforcing the ceiling. The Tenkan-sen (147.60) beneath the Kijun-sen (163.14) augurs for continued caution, as the lagging span flirts with price candles from 26 periods prior, suggesting latent bearish sentiment. Relative Strength Index (RSI): JNJ's RSI presents a demure posture at 41.88, a liminal state neither entrenched in bullish territory nor capitulating to bearish dominion. Such neutrality belies the latent potential for a decisive move, contingent upon catalysts from the forthcoming earnings discourse. Moving Average Convergence Divergence (MACD): The MACD chronicles a tale of bearish momentum, as the MACD line (-1.21) diverges from the signal line (-2.32), albeit with diminishing bearish histogram bars. This could intimate a forthcoming attenuation of downward pressure or a pause in bearish continuation. On-Balance Volume (OBV): The OBV metric at 9.318B exhibits a steady trend, lacking significant impetus. This volume-based indicator's plateau suggests a market in equilibrium, with neither buyers nor sellers achieving a clear victory in volume dominance. Market Context and Speculative Price Forecasts: The strategic positioning of JNJ ahead of its earnings report is akin to a game of high-stakes poker. With an average volume (30D) of 6.75M and a market capitalization of $356.5B, JNJโs beta of 0.54 insinuates lower volatility relative to the broader market. Dividend yield at 3.20% continues to be a linchpin for yield-seeking investors. Given the confluence of technicals, a breach below the current Tenkan-sen level could cascade into a test of the 145.00 USD support echelon, with a speculative target near the 140.00 USD fulcrum if bearish sentiment crystallizes post-earnings. Conversely, should the earnings report provide a catalyst for a bullish reversal, an assault on the 150.00 USD level may ensue, with the cloud's senkou span acting as the next battleground for bulls. Closing Thoughts: In the looming shadow of JNJ's earnings report, the amalgamation of technical signals leans towards a bearish bias, tempered by the potential for a shift in sentiment. Market participants would do well to monitor volume flows and price action post-earnings, with a tactical eye on the RSI and MACD for early indications of momentum shifts. Investors are reminded that technical analysis is not infallible and must be integrated with a robust risk management strategy. Disclaimer: This technical analysis is for informational purposes only and does not constitute investment advice. Traders and investors should perform their own due diligence and consider their risk tolerance before engaging in the market. Past performance is not indicative of future returns, and the speculative nature of price targets should be approached with caution.by AxiomEx1
Yes, There's a lot to unpack:Earnings Outlook: Analysts are projecting earnings of $2.64 per share, a slight dip of 1.5% compared to the previous year and with revenues estimated to be around $21.38 billion, marking a 13.6% decrease year-over-year, there are certainly some intriguing dynamics at play. ------------------------------------------------------------------------------------- I'm not one to make predictions without the full picture, so I'll be holding off on sharing my analysis until after the earnings report is out. Once I've had a chance to dissect the numbers and assess the implications for Johnson & Johnson's future trajectory, you can expect a detailed breakdown from me. My post-earnings analysis will be in the updates on this idea, I will explore what the numbers mean for investors and whether Johnson & Johnson is poised for growth or facing challenges ahead.by una_exp2
JNJ @ $151Looking at NYSE:JNJ and i realise that the pattern has activated this is one stock unfortunately am going to miss out on the entry but am going to share it with you am currently trading FX_IDC:EURUSD because of the jobs report coming out this Friday this one showed up on my strategy screen so instead of letting it go to waste I thought i share it with you instead so that you can learn from this pattern it follows the rocket booster strategy now you may be thinking, "What is the rocket booster strategy?" let me show you: Price has to be Below the 50 EMA Price has to be below the 200 EMA The 50 EMA should cross below the 200 EMA Now the question is will this stock gap on earnings within the next two weeks? i don't know but I have gotten an early alert if I still see an entry on this stock next week am going to enter it Hopefully, it will gap down on the earnings report by then Thank you for reading Rocket boost this content to learn more. Disclaimer: This is not financial advice you will lose money from trading learn risk management take this as a warning.Shortby lubosi2
JNJ has bottomed and can rise by +50%Johnson & Johnson gives a very clear idea of its trend on the 1M timeframe. The price may be under the 1D MA50 but has reached the bottom of the multi year Channel Up that started at the bottom of the 2008-2009 crisis. Being neutral on the 1M technical outlook (RSI = 45.714, MACD = -1.180, ADX = 20.525) has historically been one of the best buy opportunities, in fact the stock has grown by at least +53.04% three time during that time span. We shouldn't also ignore the fact that the 1M MA100 is still holding and has been doing so since June 2012. We are aiming long term for at least +53.04% again (TP = 220.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope6
JOHNSON & JOHNSON More pain along the way. SELL.Johnson & Johnson (JNJ) got rejected on its 1D MA200 (orange trend-line) - 1D MA50 (blue trend-line) Resistance Zone. It has been practically trading sideways since the start of the year and based on the Sine Waves, that priced the new Top (Lower Highs trend-line) of the 2-year Channel Down pattern. The expected completion of a Bearish Cross this week on the 1W RSI, will confirm the Sell Signal, as all 3 previous Bearish Cross sequences were forme just after a Top. Though their declines ranged from -17.58% to -14.78%, we will use the October 10 2022 Low as an example and target the 0.9 Fibonacci retracement level at 147.00 as since the Bullish Leg was limited, we expect an equally less aggressive Bearish Leg towards the bottom of the Sine Waves. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Shortby TradingShot8
Investment Opportunity on Johnson & Johnson (Short)Johnson & Johnson is currently on a bearish trend on a Monthly timeframe. I'm expecting the price to go back on my supply zone around 165 to take a short position targetting 108$ at least. Short trade risk : 6% upside (risk) 33% downside (profit)Shortby EvergreenWealthAdvisor1
JNJ - $200Could only imagine whats next, ~34% price increase. Forecasting for around 2025.Longby Nathanl194
JNJ @ $156.55Buying is a very good strategy especially now that we are entering an AI Bubble Market -- So what is a bubble market? you may be thinking -- Well, a bubble market is when the global recession is on while some stocks are hitting new highs for example Nvidia NASDAQ:NVDA , IBM NYSE:IBM And Amazon NASDAQ:AMZN . -- But with this chart, we have a stock you can short. As you look at this chart notice that the price is below the parabolic SAR? -- This means its a safe bet to short-sell at this position but remember to exit when the Parabolic Turns -- Also another strategy which i love is called the rocket booster strategy which you can use to combine with the strategy above. -- Check out the resources below to learn more about the rocket booster strategy. -- Also rocket boost this content to learn more. -- Disclaimer: These are just ideas please do your own research before you Buy or sell anything. This is not financial advice.Take this as a warning you will lose money trading.Shortby lubosi3
Forming a beautiful flag pattern with upward trendForming a beautiful flag pattern with upward trend, with a short term target of $166 and then next target around $170. Overall trajectory is downwards, unless it breaks that downward trend.Longby bigoyal113
JNJ breaking 7~8 yrs long bullish trendMy short term target is $169. Once it hits the target, we will need to watch which direct it decides to go.by bigoyal1
Johnson & JohnsonIf counting candles is correct, expect a significant drop from start of 2nd week candles. Just my view.Shortby Gymveski111
Bullish For right now, better setup short at a later date.Thank you as always for watching my analysis on JNJ. Please feel free to share, like and comment this post! May God bless you and your family.Long02:23by OptionsMastery1
JNJ Trade ideaJNJ is forming a bearish flag pattern and a short trade can be planned on the breakout of the pole.Shortby sumeedshaiq0