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) skidded in the intraday levels, recording a loss of 1.10% in the last session, or 1.47 points, amid the dominance of the main upward trend in the medium and short terms, as the stock attempts to vent off the overbought saturation in relative power indicators.
Therefore we expect the stock to return higher, as long as the support of 130.48 holds on, targeting the pivotal resistance of 136.49.