Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Johnson & Johnson's stock (JNJ) fell in the intraday levels, recording a new loss of 0.67% in the last session, or 0.94 points, and leaning thereafter on the support of the 50-day SMA, while still trading within an ascending price channel in the short term.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 144.35 anew.