years on the market

Trading ideas for Jonson & Jonson (NYSE) 21.05.2020

#JNJ

The 147.20 support level is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. A descending (red) pattern has formed.

Trading recommendations:

Buy when an ascending pattern is formed, where the wave (A) breaks through the inclined channel of the descending (red) pattern, completing it.

Stop loss below the support level of 147.20.

Target levels: 150.53; 153.07; 156.45.

The #JNJ rate online: monitor the movement of the shares in real time.

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