$JNJ Johnson & Johnson Bearish Trade Setup
The daily chart for JNJ is potential printing a bearish continuation pattern where traders could look to take advantage of the downside on:
1. A break below 130.35 or,
2. A break below the incline support of the pennant.
A print and close below these levels could see the share test the prior swing lows of $120.96
1. A break below 130.35 or,
2. A break below the incline support of the pennant.
A print and close below these levels could see the share test the prior swing lows of $120.96
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