Johnson & Johnson

Market Alpha Long Term Analysis JNJ

55
Symbol: JNJ

Indicators
Laguerre RSI
2 x Multi-Time Frame EMA

Comments: Looks like an ascending wedge here which typically breaks bearish. The Pattern had been pretty strong until a major violation took place. I expect further downside pressure.

We also just had mention of a new bankruptcy filing in attempt to avoid responsibility of over 30,000 cancer cases.

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