Johnson & Johnson. Post close of NYSE -1/26/2021.
My sketch of J&J indicates:
[1] that we have broken above LT trend line and have gained momentum ahead of ST Trend line.
[2] we have a perfect FB setup with a Retrace to? 0.5 is my guess.
[3] interested to see if Momentum indicates a strong trend redirect and the beginning of a fourth EW.
Note: I did not use support / Resistance in this chart but may take a look tomorrow at shorter time frame to see where the daily traders are pressuring.
Cheers !
My sketch of J&J indicates:
[1] that we have broken above LT trend line and have gained momentum ahead of ST Trend line.
[2] we have a perfect FB setup with a Retrace to? 0.5 is my guess.
[3] interested to see if Momentum indicates a strong trend redirect and the beginning of a fourth EW.
Note: I did not use support / Resistance in this chart but may take a look tomorrow at shorter time frame to see where the daily traders are pressuring.
Cheers !
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.