mark1222

JNJ Trade Idea

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NYSE:JNJ   Johnson & Johnson
JNJ nice setup here, looking to break out of this wedge, if it can hold above 150 strong we can see a move towards 153, 160 next. If rejection occurs at the TL resistance here we can see a dip to 148-147. More long on this one with volume starting to pick up as well with a potential 9EMA/21MA cross above POC.
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